Soybeans were mixed. China bought 132,000 tons of U.S. 2021/22 beans, a day after cancelling a previous purchase of the same amount and reportedly buying beans from Brazil. Unknown destinations also canceled on previously purchased U.S. soybeans Wednesday. Those cancellations were thought to be an indicator of slow movement out of southern Louisiana due to storm damage, while the Thursday U.S. buy and the reported sales to Brazil are probably due to strong demand from China.
