Grains, oilseeds mostly weak on profit taking, technical selling

Soybeans were mixed in consolidation trade. There was no fresh news and at this point, the trade’s starting to get ready for Thursday’s USDA supply and demand numbers. That said – the outside markets were positive and there was support from the continued concerns about South American crop production. Soybean meal was lower and bean oil was very narrowly mixed in consolidation trade. According to Dow Jones Newswires, Mexico’s Ag Ministry has tripled its soybean import quota to 150,000

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