Soybeans were sharply higher on commercial and technical buying. Ahead of the open, China bought 132,000 tons of 2021/22 U.S. beans, the fourth business day in a row with a reported sale. The running total of 813,930 tons is mostly to unknown destinations, which could turn out to be China when its time for delivery. The USDA’s weekly export sales numbers are out Thursday at 8:30 Eastern/7:30 Central. Soybean meal and oil futures were higher on commercial buying and strong margins.

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