Soybeans Futures PricesTue, Sep 23rd, 2014
Latest Brugler Soybeans Report
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Soybeans ended the session with losses of only a couple cents today. October meal futures lost $2.30/ton. The US dollar was softer today, pausing near its high for the move and giving most of the commodities a bit of a breather after persistent pressure recently. Crop condition ratings did decline due to the frost and freeze, but the market is treating any losses as insignificant. Ratings dropped in MI, MN, MO, NE, NC, ND & SD. Early planting has started in Brazil, with conditions on the dry side but looking wetter going forward. Chinese Customs confirmed total August soybean imports of 6.03 MMT.
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