Soybeans were modestly higher on short covering and technical buying. Beans continued to bounce off Monday’s lows, watching U.S. harvest activity and yield results. Anecdotal numbers have been a little bit better than expected in some areas. Quarterly stocks in Friday’s report are expected to be below a year ago. If the federal government is unable to prevent a shutdown, that might be the last major set of USDA numbers out for quite some time, including a potential delay for the next set of yield and production estimates currently scheduled for October 12th.
