Cornbelt Marketing market analyst Sam Hudson says traders continue to watch developments in South America while soybean shipments out of the Gulf struggle. “In a time where we’re trying to get as many beans out of the country as we can, this barge situation is not going away,” said Hudson. “The good news is t movement and sales are ahead of pace.” Unrest in Brazil is also being closely monitored. “Concerns about export controls or curtailing of farmland expansion are what the markets talking about.”
