Soybeans were modestly higher on speculative and technical buying, ending the session near the day’s lows, unable to hold above $15. Most forecasts have a return to hot, dry weather in much of Argentina and parts of southern Brazil, likely causing at least some crop stress. Northern and central Brazil looks comparatively favorable for planting and development, continuing to expect record production. The trade is monitoring the spread of COVID in China and the possible demand impact.
Soybeans, corn see post-Christmas gains
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