Soybeans were higher on commercial and technical buying, ending the week mixed. Demand is solid as export sales have picked up steam recently, while crush margins remain in positive territory. Near-term U.S. harvest delays were also supportive and South American crop weather is mixed. Conditions remain too dry in parts of northern and central Brazil and Argentina, despite recent rain, while portions of southern Brazil are excessively wet. For now, though, the trade is expected a big rebound in production for Argentina this year and most projections have a second consecutive record crop for Argentina.
