Soybeans were modestly lower on profit taking and technical selling, ending a fairly quiet trading day just above session lows. The trade is watching U.S. harvest activity, expecting generally good progress ahead of more delays over the couple of weeks in some key U.S. growing areas. Beans are also monitoring the planting paces in Argentina and Brazil. Brazil’s pace remains ahead of average with a national election next week. The uncertainty about acreage in Argentina is connected to Buenos Aires’ recent extension of export tariffs.
Continue reading Wheat gives back part of recent gains at Brownfield Ag News.
