date:May 24, 2016
ed to be weighed down by large global stocks and favorable prospects for northern hemisphere harvests. Its a slight round of profit-taking.
Its not only ags, theres crude oil and a lot of other commodities going south, Stefan Vogel, head of agricultural commodity markets research at Rabobank, said.
Chicago Board of Trade most-active soybeans fell 1.0 percent to $10.63-3/4 a bushel. Soymeal dropped 0.6 percent to $390.3 a short ton, pulling back from Fridays high of $392.7.
Soymeal, the livest