Soybeans were mixed, with nearby contracts weak and deferred months firm, still ending the week modestly lower. The USDA sees 2024 U.S. soybean planted area at 86.5 million acres, close to expectations and 3% higher than 2023, with quarterly stocks also up on the year. That larger stocks figure was partially due to slow farmer selling. The acreage figure will probably change a little bit, depending on weather and changes in price over the next several weeks.
