Soybean crop expected to take a hit from rainy spring

A rainy spring that delayed planting in the western Corn Belt will mean a smaller-than-expected soybean crop, traders said ahead of today’s Crop Production report, which makes the first forecast of the fall harvest. In a Reuters survey, traders uniformly said they expect less soybeans to be harvested than farmers planned earlier this year. On average, traders… » Read More

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