Soybeans were sharply lower on commercial and technical selling. Beans are waiting for the start of the G20 summit Argentina, expecting at least some comment on the trade tensions between the U.S. and China. The big question is how much advancement in discussions will there be between the world’s two largest economies, especially given some of the recent rhetoric. Weekly export inspections were bearish, continuing to reflect the impact of China’s tariff. The trade is also watching development conditions in South America.
Continue reading Soybeans drop ahead of G20 at Brownfield Ag News.
