Soybeans were higher on short covering and technical buying, buying back some of the recent losses. The USDA’s national condition rating was unchanged, holding at the lowest level in years, and development remains slower than normal. Near-term crop weather looks generally non-threatening. There was talk during the session of China buying U.S. ag goods, but nothing was confirmed. Trade talks are scheduled to resume in October at an unspecified date. Mexico did buy 138,000 tons of 2019/20 U.S.
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