Soybeans pop with soybean oil on mild frost in Argentina

It's been a volatile week, with the recent new high placed by soybeans early in the week completely rejected, and the market is now tumbling back to near the 15.00 mark. We also explained why wheat is sharply higher while beans are lower.

Heartland Market Talk

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A mild frost hit a small area of Córdoba on Saturday, creating a lift in beans today, but no new highs are being experienced as the Brazilian harvest is fully underway, and traders are off for Fat Tuesday in Brazil. They'll be back on Wednesday.

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