Soybeans were lower on fund and technical selling, cementing the lower weekly finish. Most forecasts have improved much-needed near-term rainfall for Argentina and southern Brazil. Argentina’s crop is in dismal shape and will need more than just one round of rain, while the rest of Brazil looks good. Weekly export sales were up on the week and above average, mainly to China and Mexico, but with a cancellation by unknown destinations. Unknown destinations Friday did buy 220,000 tons of 2022/23 U.S.
