Soybeans were sharply higher on commercial and technical buying, helping contracts finish higher for the week. Beans followed through on Thursday’s gains, with support from products and the sale of 122,000 tons of 2021/22 U.S. beans to unknown destinations. That brought the week to date total to 548,100 tons, most of that to unknown destinations. Chinese demand for U.S. beans is still showing lingering effects from shipping delays due to damage from Hurricane Ida, in addition to the faster than average planting pace in Brazil.
