Tuesday 10th June 2025

Soybeans were lower on fund and technical selling, capping a bearish week. Most forecasts had at least some rain in dry parts of South America over the coming week, but at least some damage has been done. Several government and private bodies have recently issued lower production projections for both Argentina and Brazil due to hot, dry weather. Portions of central and northern Brazil are expected to see a drier pattern, which would help with the harvest pace.

   

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