Soybeans were modestly higher on commercial and technical buying. It was an up and down day for beans, with some influence from soybean products and support from tight domestic and global supplies. Most forecasts have more harvest delays in parts of Brazil against welcome rain in Argentina and other areas of Brazil. According to reports, Brazil exported 2.9 million tons of soybeans during February, down 40.1% on the year, partially because of the much slower than normal harvest.
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By John Perkins
Mar 16, 2021 | 2:59 PM
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