Soybeans see another round of weather support

Soybeans see another round of weather support

Soybeans were modestly higher on speculative and technical buying. Subsoil moisture is short in Argentina with a return to dry weather in the forecast after some weekend rain. The Buenos Aires Grain Exchange says 10% of Argentina’s soybean crop is in good to excellent shape, compared to 57% this time last year, with planting 72% complete. Conditions for most of Brazil are comparatively better, but there are concerns about dry weather in some southern growing areas.

.