Soybeans, corn hit by weather, trade tensions


Soybeans were lower on commercial and technical selling, in addition to spillover from the outside markets for much of the session. The USDA reported last week bean acres topped corn for only the second time on record and near-term weather forecasts are generally non-threatening for much of the Midwest. The USDA reports 27% of U.S. soybeans are blooming, compared to 17% a year ago and the five-year average of 13%, while 71% are in good to excellent condition, down 2% on the week.

Continue reading Soybeans, corn hit by weather, trade tensions at Brownfield Ag News.