Soybeans were mostly modestly higher on spread trade and short covering. Weekly export sales were above expectations, China was the big buyer, but the shipments were bearish. Deputy level trade talks with China have resumed and high-level talks are scheduled for October at a still as-of-yet unspecified date. For now, there’s no deal and tariffs remain in place. Soybeans are also monitoring late season development conditions in the U.S. and planting conditions in South America.
Continue reading Grains, oilseeds mixed in quiet trade at Brownfield Ag News.