AgResource Soybean Comment and Analysis
Soybeans Continue Lower as GFS Maintains Weekend Rain: CBT soybeans followed soyoil lower at midweek. Soybean oil closed limit down, while meal rebound from new lows and closed with good gains, up $4-7/ton. Brazilian soybean exports peaked in April at a record large 16.4 MMTs, with a similar export rate reported in May. However, the…