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Amanda Brill at Total Farm Marketing said, “Soybean futures are trading lower again and are now below technical support at the 100-day moving average. November soybeans are down 8-1/2 cents at $12.16 while March is down 6-3/4 cents to $12.39-1/4. December soybean meal is down $1.80 to $333.90 and soybean oil is down 0.84 cents to 64.72 cents.” The Hightower Report said, “Argentina says they see opportunity to pick up more soy product export business due to the European anti-deforestation regulations that put Brazil at a disadvantage due to export restrictions from recently cleared lands, while Argentina’s main growing area, the Pampas, has been cultivated for 100 years.”





