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The Hightower Report said, “A weak start for beans this morning on news that the Argentine oilseed workers strike has been resolved, which is pressuring meal. A bull trend typically results in early session weakness followed by a late session rebound and that is generally what has been seen in beans since late October. However, losing the support of meal and U.S. bean export values hitting uncompetitive levels, may result in the bear camp grabbing the short-term edge.” Matthew Lucas at Total Farm Marketing said, “China announced on Wednesday that it will suspend retaliatory tariffs on U.S. imports, including duties on agricultural products, following last week’s meeting between the two nations’ leaders. However, U.S. soybean imports will continue to face a 13% tariff.”





