Soybeans Futures PricesWed, Aug 24th, 2016
Latest Brugler Soybeans Report
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Soybean futures are mostly down 8 to 12 cents at midday. September bean meal is 60 cents lower and Sept bean oil futures are down 58 cents on the day. The PFA tour group found a higher average number of pods per sample than last year in both NE and IN; more so in Nebraska. Stats Canada expects total soybean production there to be down 6.5% this year, and canola production is forecast to be down 1.2% from 2015. Crude oil futures are sharply lower on the day, and the US Dollar Index has traded as high as 94.909 on the session.
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