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Soybean, cotton export sales drop
Buyer interest built throughout the overnight session in the soybean and soymeal markets and futures are trading near session highs this morning.
Soybean basis slipped a little over the past week, as farmer selling likely picked up, but remains stronger than average.
Soybean futures surge over 30 cents on exports, reduced South American crops; corn firm, hog futures at six-month high.
Soybean futures seen higher on exports, South American crop shortfall; corn slightly firmer, wheat mixed.
USTR makes WTO appeal regarding China, a Senate subcommittee will hold a hearing on the RFS and Russia continues war games but sends some troops back to base...