Soybeans were mixed. Beans consolidated, continuing to watch harvest delaying rain in parts of central and northern Brazil and generally dry weather in much of Argentina. Argentina is expected to see at least some improvement in precipitation, while still undergoing a net-drying effect, while southern Brazil should see some near-term rainfall. Demand continues to be strong, with the NOPA reporting a record monthly crush in January, which was also the second largest for any month.
