Soybeans were lower on fund and technical selling. Soybeans are watching late U.S. development weather and a potential railroad strike that would greatly disrupt movement. Domestic demand is solid and the USDA’s export sales reports resume Thursday after an extended delay caused by database issues. The department is set to release four weeks’ worth of data. Soybean meal was mixed, mostly lower, adjusting spreads, while bean oil was down sharply on profit taking and concerns about vegetable oil demand from China.
