
Soybeans were modestly lower on fund and technical selling. Soybean sales to China have picked up but remain behind the pace to meet phase one trade deal obligations. China did buy 132,000 tons of 2020/21 U.S. beans Tuesday, but has largely been absent from the market, at least officially, over the past week. Part of the slowdown is likely related to Chinese soybean buyers requesting certification that shipments are free of coronavirus. The USDA’s weekly export sales numbers are out Thursday morning.