Monday 12th May 2025

Soybeans were sharply higher on commercial and technical buying. Wednesday’s USDA numbers were bearish but did have some solid demand indicators and some areas will see a drier weather pattern starting next week. That could potentially stress the crop during key phases of development. Export demand is strong, especially for new crop U.S. beans, with last week’s 2020/21 sales topping 100 million bushels, with China the biggest buyer of both old and new crop. Thursday, China bought 197,000 tons of U.S.

    

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