Soybeans, corn firm, watching weather

Soybeans were modestly higher on short covering and technical buying. Conditions are good overall, but the trade is watching wet weather in some areas and dry weather in others. Pakistan bought 199.500 tons of new crop U.S. beans. Egypt and Mexico have also increased demand for U.S. beans because of lower prices, but the Chinese tariffs continue to stifle any real enthusiasm connected to the purchases. No new plans for negotiations between the U.S.

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