Soybeans were higher on fund and technical buying. Contracts bought back part of Tuesday’s losses, watching U.S. harvest activity and yield reports. It’s anecdotal, but yields have come in lower than expected in some key growing areas at a time when beans will need a trend-line yield or better. U.S. soybeans hold an export price advantage into early next year. There’s been more talk of Chinese interest in U.S. beans but only one reported sale so far this week, with the USDA’s export numbers for last week out Thursday morning.
