AgResource Soybean Comment and Analysis
Soybeans Turn Down Ahead of USDA Reports: CBOT soybean futures closed lower on Wednesday amid fund selling in soybeans and the product markets ahead of Thursday’s USDA report. Soybeans outpaced the product markets to the downside, and the nearby board soybean crush spread jumping $.19/Bu to $1.60. The USDA announced US soybean export sales of…