Soybeans were lower on fund and technical selling, with the most active months seeing double digit weekly losses. China bought another 132,000 tons of new crop U.S. beans Friday morning, but sales remain short of what’s needed to meet Phase One obligations. China also bought 132,000 tons of 2020/21 U.S. beans Thursday, Beijing’s first purchase in about a week. Brazil’s sales to China during May were 8.86 million tons, the highest for the month in two years, while U.S.

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