Soybeans were sharply lower on speculative and technical selling, in addition to the outside markets, pushing contracts to sharp weekly losses. Conditions have improved in most of Argentina and Brazil after recent rainfall and while more will be needed, especially in Argentina, this has helped. The Buenos Aires Grain Exchange says Argentina is 98.6% planted, with 21% of the crop rated good to excellent, up 3% on the week, and 10% poor to very poor, down 9%.
