Soybeans were higher on commercial and technical buying, continuing the rally. Concerns about crop stress from hot, dry weather and record demand for new crop beans continue to be the big supportive factors. U.S. beans are at a big discount to Brazil, which has nearly exhausted their supply of old crop beans. Widespread planting in Brazil is still a few weeks off. Weather could be a factor in both Brazil and Argentina, but for now, most projections are called for steady to higher production.
