Brazil plants more soybean acres, production up 5.6%

Brazil plants more soybean acres, production up 5.6%

Brazilian farmers are expected to plant 48.6m hectares (120m acres) of the oilseed in new season, consulting firm Celeres said in a note to clients. “Production seen at 177.2m metric tons versus 172.8m tons in previous season. Acreage growth curbed…

Soybeans End Tuesday with Pressure

Soybeans reverted from the midsession gains on Tuesday, as contracts closed with losses of 3 to 4 cents. The cmdtyView national average Cash Bean price was down 4 cents at $9.33 ¼. Soymeal futures were mixed, within 30 cents of unchanged. Soy Oil futures are down 57 to 74 points...