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Soybean futures traded around $13.8 per bushel, the highest in near five months amid supply worries due to forecasts of hot and dry weather in Argentina and southern Brazil. Meanwhile in northern Brazil precipitation slowed down early harvest. Consultancy StoneX forecast Brazil's soybean crop at
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Sales Surge for Monsanto's New Intacta Soybeans | AgWeb
Monsanto Co.'s new Intacta soybeans are not only killing bugs on Brazilian farms. FMC's soybean insecticides mostly target different pests than those controlled by Intacta, so the beans have "little impact" on sales, said Jim Fitzwater, a spokesman for the Philadelphia-based company.
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