Soybeans were lower on profit taking and technical selling, in addition to the higher U.S. Dollar index and losses in non-ag commodities and the broader market. The trade is watching weather, with some dry parts of the Midwest expected to get more near-term rain. New USDA supply, demand, and production numbers are out September 12th and with the drought or near drought conditions in parts of the Midwest, the crop production estimate could be down slightly.
Continue reading Soybeans down, watching weather at Brownfield Ag News.
