Thursday 22nd May 2025

Soybeans were sharply lower on fund and technical selling, with November falling below $12 a bushel. The USDA raised production, yield, and new crop ending stocks, all larger than expected and above a year ago. As of Sunday, 49% of U.S. beans are harvested, compared to the five-year average of 40%, and 91% are dropping leaves, compared to 89% on average, with 59% of the crop in good to excellent shape, up 1% on the week.

   

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*