Soybeans, corn extend weather rally – Voice Of Muscatine

Soybeans, corn extend weather rally

Soybeans were higher on speculative and technical buying, pulling contracts to a weekly gain. Forecasts have a return to hot, dry weather in much of the Midwest in the coming days. That’s during a key phase of soybean development and could cause stress and impact yields. The USDA’s next round of yield projections is out September 12th, which will include the results of an acreage resurvey in some states. Given the already tight nature of the U.S.

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