Soybeans were mixed, mostly steady to weak, unable to follow through after a firm start to the session. Beans consolidated following Wednesday’s strong gains which were sparked by the surprising USDA quarterly stocks number. Weekly export sales were solid, led by China and unknown destinations, and Egypt bought 120,000 tons of 2020/21 U.S. beans ahead of the open. There’s been a soybean export sale announced every day this week for a running total of 653,300 tons, but none have been directly to China.
