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“Soybeans ended the day lower again as funds continue to sell and prices struggle to find a bottom. Chinese imports of soybeans exceeded expectations for the month of May but were still down 15.3% from the year prior. Increased imports were primarily from Brazil and were a result of large Brazilian supply which has kept South American soy prices low and more competitive than U.S. offers. Chinese imports of soybeans totaled 11.79 mmt for March,” Heinberg said.
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“Soybean futures are trading slightly lower this morning, following modest weakness in energy markets and the broader grain complex,” Total Fa…
“Brazilian soybeans continue to maintain a pricing advantage over U.S. supplies, while markets continue watching for potential Chinese purchas…
The Hightower Report said, “Technical selling overnight has pushed July bean prices down at 3 month lows this morning. Weather models have shi…
ADM Investor Services said, “Prices were lower to sharply lower across the complex while spreads were also weaker all around. Beans were down …
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