Wheat continues decline

Soybeans were higher on commercial and technical buying, adding onto the week’s gains. Soybeans had continued support from strong domestic crush margins, along with mostly good export demand. That strong crush demand and commercial support helped soybean meal and oil finish higher. More U.S. planting delays are probable into the coming week and, while it is early, the trade is keeping an eye out for any potential acreage adjustments. The USDA’s next set of supply, demand, and production numbers is out June 10th.

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