Soybeans were higher on commercial and technical buying. Contracts bounced off the recent lows, with some support from the export sales announcements over the past week. Thursday, the USDA reported the sale of 132,000 tons of 2021/22 U.S. beans to unknown destinations, bringing total announced sales since the 7th to 921,624 tons, all to either unknown, China, or Mexico. The USDA’s weekly numbers are out Friday at 8:30 AM Eastern/7:30 Central. Planting conditions are good in Brazil, but Argentina needs rain.
