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Amanda Brill at Total Farm Marketing said, “Soybeans are trading lower with the November contract now below all major moving averages. Trade has been mostly rangebound to lower throughout the week. Both soybean meal and oil are trading lower.” The Hightower Report said, “Hot temperatures are expected through early next week before a cool front moves in. The pattern will shift last next week and the 8-14 day outlook has below normal precipitation for the eastern belt, with normal to slightly above chances for the Western belt. Temperatures will be below normal.” Amanda Brill at Total Farm Marketing said, “Yesterday’s export sales were disappointing with old crop shipments at just 13.3 million bushels, below the 17.1 mb needed each week. Top buyers were Mexico, the Netherlands, and Egypt.”





