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Crop markets narrowly mixed as dollar slips to two-month low: PodcastCrop markets narrowly mixed as dollar slips to two-month low: Podcast

Soybeans pause after recent gains. China buys more soybeans.

Bob Burgdorfer 1

August 16, 2016

1 Min Read
Crop markets narrowly mixed as dollar slips to two-month low: Podcast

The crop markets were narrowly mixed on Tuesday unable to gain upward traction despite the dollar being  near two-month low. The greenback was lower amid speculation the Fed Reserve may be slow to raise interest rates.

USDA said China bought 4.37 million bushels of new-crop soybeans on Tuesday.    

Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Feedstuffs.

 

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