Planting delays, demand questions move markets

Planting delays, demand questions move markets

Soybeans ended the trading session slightly higher in most months because of concerns about late planting and whether yields will fall because of it. The latest crop progress report says soybean planting was just 77 percent finished – well under the 93 percent average pace. With more rain on the way, DTN cites analysts who think even soybean acres could be lower and a yield drag on soybeans is likely. There are still 19.7 million intended soybean acres unplanted.

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