Friday 23rd May 2025

Soybeans were modestly lower on fund and technical selling. Harvest is a little bit slower than normal, but some areas should be able to wrap up before Thanksgiving. The trade is also watching planting and development conditions in South America, waiting to see the impact of the expected La Nina pattern. Unknown destinations bought 161,000 tons of 2021/22 U.S. beans Tuesday morning, the third business day in a row with a sale. That brings the running total since last Friday to 681,930 tons.

   

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