Soybeans were modestly higher on fund and technical buying. Brazil’s harvest is slow because of rain in central and northern growing areas, but moving forward, with that record crop likely making up for the losses in Argentina. CONAB’s updated crop production outlook for Brazil is scheduled for March 9th. Bean meal made contract highs on strong domestic demand. Soybean oil was down on product spread adjustments and a lower move in palm oil ahead of the U.S.
