Ad Astra Brands

Mixed finish for soybeans, corn, wheat

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Soybeans were mixed, with nearby months up and deferred contracts down. Soybeans adjusted spreads, watching U.S. fieldwork conditions and planting weather, along with late harvest activity in Brazil. CONAB’s updated outlook for Brazil’s crop is out Thursday morning, along with weekly U.S. export sales. There were no changes to the balance sheet in this month’s USDA supply and demand update, as USDA left ending stocks at a tight 210 million bushels with about four and a half months remaining in the marketing year.

Mixed finish for soybeans, corn, wheat