AgResource Soybean Comment and Analysis
Soybeans Hold Firm at Midweek: Soybean futures closed slightly higher as weakening Brazilian export premiums clashed with dry Argentine weather forecasts. Soy product markets were mixed with soybean oil, giving back some of the last 2 days’ gain on profit-taking, while soybean meal was firm on meal/oil spreading. The chart shows that soybean meal has…