Soybeans were mostly higher on bull spreading. The USDA lowered the production and yield estimates slightly, while leaving new crop ending stocks unchanged at 200 million bushels. That would still be the tightest domestic supply in several years with more than 10 months left in the marketing year. The big adjustments for beans were larger beginning stocks and crush against smaller production and exports. Global production was up on a higher outlook for Brazil, with world exports also above a month ago.
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