Soybeans were mostly lower on spread trade and profit taking but finishing with strong weekly gains in the most active months. Beans took a step back, watching weather during key phases of development. Most forecasts have a cooler but drier weather in many key U.S. growing areas starting next week, potentially stressing the crop, and the derecho caused at least some damage. China bought 126,000 tons of new crop U.S. beans, the eighth business day in a row with a new sale, mainly to China, for a running total of 2.416 million tons.
