Mixed finishes for soybeans, corn, wheat

Mixed finishes for soybeans, corn, wheat

Soybeans were mostly lower on bull spreading. U.S. soybean planting is ahead of average with some areas wrapping up this week and emergence is faster than normal. Early projections are for a record U.S. crop on the heels of a record crop in Brazil. The nearby domestic supply is tight, which supported July beans. However, the deferred contracts extended their losses on expectations for a record U.S. crop following record production in Brazil. Chinese domestic prices have wilted, a bad sign for export demand, and the U.S.

.