Soybeans were higher on commercial and technical buying, with most contracts closing above the $12 mark. Most near-term forecasts have better rain coverage in Brazil than in Argentina, with longer term uncertainties because of La Nina. Export numbers were good and the ongoing grain worker strike in Argentina could drive more sales to the U.S. The USDA also reported new crop soybean sales to China and Mexico, confirming some of the recent rumors. The USDA hasn’t announced a sale of U.S.
