December Minneapolis wheat above $10

December Minneapolis wheat above $10

Soybeans were modestly lower on profit taking and technical selling but managing a modestly higher week-to-week finish. Beans continued to follow global vegetable oils, while watching the harvest pace in the U.S. and planting activity in Argentina and Brazil ahead of the full onset of La Nina. The USDA’s next set of supply, demand, and production numbers is out November 9th. CONAB’s second production projection of the season for Brazil is set for November 11th.