Soybeans were higher on commercial and technical buying. Hot, dry weather in portions of Brazil is affecting early yields and parts of Argentina are expected to receive more rain, leading to flooding in some areas. The Buenos Aires Grain Exchange did lower its planted area estimate for soybeans slightly, citing heavy rainfall. Beans also have an eye out for any public progress in trade discussions with China ahead of Cabinet level meetings later this month.
Continue reading Soybeans, corn supported by South American weather at Brownfield Ag News.
