Soybeans were lower on fund and technical selling, in addition to the higher dollar and lower crude oil. Brazil’s soybean prices have dropped as harvest advances, now 11% complete as of last Thursday according to AgRural, for an even bigger edge on the export market. U.S. export inspections were down from last week and a big drop from last year, with the 2023/24 pace remaining slower than 2022/23. The biggest destinations were China and Mexico.
