Soybeans were sharply higher on commercial and technical buying, ensuring a higher close for the week and a new two-year high for November beans. The USDA lowered U.S. production and ending stocks from the August levels, but the crop should still be up sharply on the year with a record average yield. The new crop guess for Brazil was up on the month and imports by China were unchanged. The trade will now go back to monitoring U.S.

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