Soybeans were lower on commercial and technical selling. Contracts followed through and extended Thursday’s move to multi-month lows. Conditions in South America are generally good overall and the trade expects record production. That should lead to a lot more export competition, but domestic demand should stay strong. Soybean meal and oil followed beans lower.
Corn was lower on commercial and technical selling. Corn was also watching South America and expecting record production.
Continue reading Soybeans, corn extend recent losses at Brownfield Ag News.
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