Soybeans were sharply higher on commercial and technical buying. Harvest activity in Brazil continues to be slower than average because of rain, while most of Argentina is expected to see a drier near-term pattern. Safras e Mercado says 3.4% of Brazil’s bean crop is harvested, compared to 12.6% on average. The USDA will be releasing updated South American production estimates Tuesday at Noon Eastern/11 Central in the monthly supply and demand report. Ahead of the report, U.S.
