Soybeans were modestly higher on short covering and technical buying. There’s cautious optimism as face to face, Cabinet-level trade negotiations have resumed with China. A lot of the sticking points are related to technology and intellectual property and African swine fever is expected to have at least some impact on China’s demand for soybeans and soybean meal. Weekly export numbers were bearish, with sales falling below all expectations and no purchases from China. Beijing has purchased U.S.
Continue reading Soybeans, corn up, waiting for USDA numbers at Brownfield Ag News.
