Soybeans were modestly higher on short covering and technical buying. Near-term weather continues to be stressful in many key growing areas, but relief might be on the way for part of the region. Still, the rainfall after Hurricane Laura might miss some of the drier growing areas, furthering the damage, even if temperatures do decline. China bought 400,000 tons of new crop U.S. beans, bringing this week’s announced sales total to 746,500 tons, mostly to China, all new crop.

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