Ahead of the Open: Argentine Rains Pressure Soybeans

Posted on 11/30/2017 8:04 AM
Crop calls Corn: 1 to 2 cents lower Soybeans: 3 to 5 cents lower Wheat: 1 to 4 cents lower Soybean futures slipped to fresh weekly lows overnight as rains moved across crop-producing areas of Argentina, as well as forecasts for mostly favorable conditions in Brazil. A firmer tone in the dollar added to price weakness across the crop...