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“Soybeans were lower today on a sharply lower soyoil market and a lack of food for the bulls,” Phyllis Nystrom, with CHS Hedging, said. “The November soybeans erased all of yesterday’s rally and teased the 50-day moving average at 1354 ½. The weather is pushing us to harvest and China buying Brazilian beans this week for Oct/Nov is a negative for us.”
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“Beans closed with double-digit gains and today’s USDA report featured a smaller acreage increase than the trade was expecting, although the r…
“With President Donald Trump’s trip to Beijing likely delayed until late April at the earliest and U.S. Gulf offers still $1 bu. over Brazilia…
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