Soybeans were mixed, with nearby contracts steady to weak and deferred months firm, adjusting old crop/new crop spreads. Planting and emergence are ahead of average, with 75% of the crop in good to excellent condition, with a lot of time left in the growing season. The trade’s monitoring any signs of movement in trade negotiations. China has reportedly signaled a willingness to continue to discussions. Beans are also keeping an eye on ramifications of the recent labor strike in Brazil.
Continue reading Corn, wheat buy back part of losses at Brownfield Ag News.
