Soybeans were higher on commercial and technical buying, building on what would have already been a week-to-week gain. The USDA did lower Brazil’s crop guess by a million tons, while also raising the export outlook and increasing imports by China. That minimal change to Brazil’s by USDA was viewed as conservative, given recent private estimates and last month’s cut by CONAB, with their next outlook for Brazil out Tuesday, March 12th. Production for Argentina and U.S.
