Soybeans were higher on commercial and technical buying. Beans followed meal, which was supported by talk of tight supplies in Argentina, the world’s biggest soybean product exporter. The USDA says 92% of U.S. soybeans are harvested, compared to 87% a week ago and the five-year average of 93%. Unknown destinations bought 264,000 tons of 2021/22 U.S. beans Monday morning, following up on Friday’s purchase of more than 250,000 tons. Export inspections were below the previous week and year’s big totals, but still topped 2 million tons.

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