Soybeans closed lower in a day of quiet trading because of the holiday. The USDA Crop Progress reports are out Tuesday with harvest data as of Sunday. Kansas and Missouri got snow and rain the past two days and parts of the Corn Belt are wet. Soybean planting is making progress in Brazil and Argentina, but DTN says heavy rain is expected in Argentina the next seven days. That will keep planting progress slow and will raise the risk of flooding.
Continue reading Corn, wheat gain despite higher dollar at Brownfield Ag News.
