Soybeans were modestly lower on commercial and technical selling. Beans continue to watch weather in South America as most near-term forecasts have mixed precipitation, with a generally better chance for widespread coverage next week. Planting has mostly moved closer to normal, but those early season delays are expected to push harvest activity back, extending global reliance on U.S. soybeans. While Brazil hasn’t seen a drought buster, most of the dry weather continues to be in parts of Argentina.


