Soybeans were modestly lower on profit taking and technical selling. As of Sunday, the USDA says 75% of the soybean crop is harvested, slower than average, but a good week to week advance, for the most part. About 900 million bushels of beans remain unharvested and forecasts look mixed, mostly dry, but cold. Beans are waiting for Phase One of the trade deal with China to be signed. The big sticking point for Beijing continues to be U.S.
Continue reading Corn, soybeans down, watching harvest weather at Brownfield Ag News.
