Soybeans were steady to mostly modestly lower on fund and technical selling. Beans are watching development weather, which looks generally non-threatening, even if some areas do need rain. IHS Markit, formerly IEG Vantage, sees production at 4.355 billion bushels with an average yield of 52.5 bushels per acre, while Informa projects global production at around 371 million tons. China bought 192,000 tons of new crop U.S. beans Wednesday morning, with high level trade talks scheduled for the 15th.
