AgResource Soybean Comment and Analysis
Soybeans Ease on Bearish Crush Data: Old crop soybean prices fell 7-10 cents on Wednesday following a disappointing NOPA crush report. The smaller-than-expected crush, along with better disappearance, resulted in tighter-than-expected soyoil stocks – which were down 10% from a year ago and produced the rally in CBOT soyoil futures. At mid-month, and with just…