Soybeans were lower on fund and technical selling, with July notching a fresh contract low. Trade talks with China are ongoing this week, with more negotiations scheduled for next week. There’s optimism about the proposed trade deal, but it’s guarded, as nothing’s been signed yet and African Swine Fever is expected to have an impact on Chinese demand for beans. Early U.S. planting activity is slower than normal, but there is the chance of increased acreage because of corn and spring wheat delays.
Continue reading New lows for July soybeans, winter wheat at Brownfield Ag News.
