Soybeans were modestly lower on profit taking and technical selling, still posting solid week to week gains. Old crop exports were a marketing year low, but strong new crop demand is supportive, which China buying 126,000 tons of 2020/21 Thursday morning and weekly sales of 30.9 million bushels. Still, Chinese demand remains slow because of political tensions and shipments will need to catch up to meet USDA estimates for 2019/20. Losses were limited by near-term weather concerns for some key U.S.
