Soybeans were lower on profit taking and technical selling, ending the week narrowly mixed. The USDA left U.S. ending stocks unchanged from March despite a handful of adjustments, including higher exports, while raising the world number by a larger than expected amount. The guess for Brazil’s crop was up on the month, with production for Argentina holding steady. The USDA did raise exports for Brazil, while cutting Argentina slightly, and leaving imports by China unchanged.

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