Soybeans were sharply higher on commercial and technical buying. The USDA is expected to tighten the domestic ending stocks projection Wednesday in the monthly supply and demand report. This report will also include the first official new crop production, yield, and ending stocks estimates. Ahead of the report, most analysts expect the department to project another year of tight supplies for 2021/22, which gets underway September 1st. The numbers are out at Noon Eastern/11 Central.
