Soybeans were sharply lower on commercial and technical selling. Parts of Brazil got rain over the weekend with more on the way and while that precipitation did miss some of their key growing areas, coverage could be better this week. AgRural says 87% of Brazil’s crop is planted, compared to 81% a week ago and 87% this time last year. Safras e Mercado pegs the crop at 133.5 million tons. 30,500 tons of U.S. beans are scheduled to arrive in Brazil on Friday, a rarity necessitated by Brazil’s fast pace of sales.

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