Soybeans were mixed, adjusting spreads. Harvest activity in Brazil is slower than average but should pick up steam in the coming weeks. There have been no firm reports of quality impact from harvest delaying rain and it looks like Brazil remains on pace for a record large crop, impacting global demand for U.S. beans. CONAB’s updated outlook for Brazil is scheduled for Thursday. There’s been talk but no confirmation of China buying soybeans from Brazil and the U.S.
