“Safras & Mercado is estimating a new record soybean production number for the 2025-26 Brazilian growing season at 179.87 MT.,” Prater said.
“The soybean complex continues to shed weather premium as U.S. forecasts remain non-threatening thru the first week to 10 days of August. The strengthening U.S. dollar also added to the bearish sentiment,” Soderberg said.
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