Soybeans were lower on commercial and technical selling, cementing the bearish weekly finish. Unknown destinations bought 115,500 tons of 2018/19 U.S. soybeans Friday, but the pace of sales since the trade ceasefire with China started remains slower than expected. Depending on how you count sales to unknown destinations, the total remains short of the 5 million to 10 million tons anticipated by the trade, even with about a week and a half until the resumption of face to face talks.
Continue reading Soybeans down, disappointed by export pace at Brownfield Ag News.