Soybeans was higher on commercial and technical buying. Domestic demand for beans and global demand for vegetable oils continue to be strong, with tight supply a big factor for both. Old crop weekly exports were bearish, but are still on track to meet USDA expectations, and the NOPA crush numbers were bullish, but a little short of expectations at 177.984 million bushels. That’s up more than 22 million from February, but down more than 3 million from the all-time high for March, set in 2020.

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