date:Oct 30, 2012
uffered from dry conditions in prior weeks.
A week ago we were trying to add some South American weather premium in, and this week we're taking some away, said Chad Henderson, president of advisory firm Prime Ag Consultants in Brookfield, Wis.
Technical selling also weighed on soybeans Monday, as traders sold futures to reduce risk after last week's price gains were erased.
Droughts that damaged South America's previous soy crop and the current U.S. crop sharply reduced expectations for suppl