AgResource Soybean Comment and Analysis
Soybeans Close Firm on Export Sales Announcements: Soybeans surged on Tuesday on confirmation of new export demand to China. August soybeans continued to streak higher ahead of expiration and traded as much as 80 over last week’s low. New crop soybean futures settled 7-8 cents higher. The USDA announced that Mexico bought 5.6 Mil Bu…