Soybeans were lower on profit taking and technical selling. China bought another 1,199,000 million tons of U.S. beans Wednesday morning, but traders bought the rumor Tuesday and then sold the fact. That’s still more than what the trade was talking about Tuesday and brings the total purchases since this partial resumption of trade closer to the 5 million to 8 million tons that were initially expected. Weekly numbers are out Thursday morning. Face to face talks between the U.S.
Continue reading Soybeans down despite new sale to China at Brownfield Ag News.
