Soybeans were lower on profit taking and technical selling, giving back Wednesday’s gain and then some, cementing week to week losses. Weather looks generally non-threatening in most areas for late planting activity and development, but some near-term planting delays are expected. The USDA says China bought more than 600,000 tons of U.S. beans ahead of the G20, but the overall pace of sales remains slow because of South America. New crop sales are also slower than last marketing year.
Continue reading Soybeans down on profit taking, watching weather at Brownfield Ag News.
