SOYBEANS– Soybeans were modestly higher today, even after China’s purchase of 13 cargoes of beans on Friday. Funds still hold a large net long in soybeans, as of Friday. Soybean oil and meal closed higher to start the week. Today may be the start of a reversal for soybean oil. September ’26 Soybeans (ZSU26) settled at 1174 (+3.25), high …
WRT World Agricultural Supply and Demand August 3
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