Soybeans, wheat mixed as corn drifts lower

Soybeans, wheat mixed as corn drifts lower

Soybeans were mixed on bear spreading. Near-term weather in Brazil remains too wet in some areas, too dry in others, but there is a chance for rain in some of the drier areas. That could speed up planting, but replanting is likely in those wetter areas. Brazil continues to export soybeans at a very fast pace. The USDA’s next round of supply, demand, and production estimates is scheduled for December 8th, assuming the U.S. Senate passes the continuing resolution to fund the government that made it out of the House of Representatives Tuesday.