Friday 2nd May 2025

Soybeans were modestly higher on commercial and technical buying. China bought 132,000 tons of new crop U.S. beans, the fifth business day in a row with an announced sale to either China or unknown destinations, with a running total of 1.649 million tons. There was also spillover support from a rally in global vegetable oil prices heading into the session, but that waned as bean oil moved down from the session highs. The USDA says 64% of U.S.

    

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