Soybeans were higher all of Monday’s trading session. July soybeans had the highest close in two months, according to DTN, with planting concerns supporting the market. The higher close is because of persistent rain and the forecast for more. On the demand side, the April soybean crush number from Dow Jones is down 4 percent from a year ago. Soybean oil stocks at the end of April were down 24 percent from a year ago. Soybean oil had its highest close in more than a month because of that.
Continue reading Soybeans, corn end higher on wet weather concerns at Brownfield Ag News.
