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Brownfield Network 03/26/2020 16:46
Soybeans were mixed, mostly modestly higher on spread adjustments, with most months able to really from midday losses. The export outlook is neutral to bullish, with unknown destinations and China the leading buyers last week. The trade is also monitoring harvest and development weather in South America. Parts of Argentina are expected to see near-term rainfall and while some outlets have lowered production estimates for Brazil, it should still be a record large crop. Argentina’s port workers are asking the government to suspend exports because of coronavirus.
Feed & Grain 03/26/2020 08:59
Despite historically low prices, producers expected to boost acreage significantly New-crop corn and soybean futures on the Chicago Board of Trade have reached the lowest March levels in more than a decade with just a few weeks until the kickoff of the US planting season, reports Reuters.

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