Soybean Prices Dip Again

August 03, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains traded lower with corn down 5 1/4 cents, soybeans down 8 3/4 cents and wheat down 5 1/4 cents. The U.S. dollar is trading .21 percent higher and crude oil is down nearly a dollar on news that China’s factory activity contracted the most in two years.

 

The weather forecast continues to look positive for corn and soybeans across the Midwest with cooler than normal conditions expected this week. Rains should be widespread this week covering the eastern grain...

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