Solidly higher finish for wheat, corn firm – Voice Of Muscatine

Solidly higher finish for wheat, corn firm

Soybeans were modestly lower on profit taking and technical selling. Soybeans were getting ready for Tuesday’s production update for Brazil from CONAB. The number is expected to be lower, but likely won’t be as dramatic as the cut CONAB made in February. Still, some private estimates are below 145 million tons Brazil’s harvest just over the halfway point. The USDA did lower their crop guess for Brazil last week, while leaving Argentina unchanged, with the next round of projections out April 11th.

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