Soybeans manage firm Friday finish as corn closes weak

Soybeans manage firm Friday finish as corn closes weak

Soybeans were higher on short covering and technical buying but ended the week with modest losses on harvest pressure and the relative strength in the dollar. Export demand is solid, with Spain and China buying more U.S. soybeans Friday morning, 198,000 tons and 126,000 tons, respectively, both for delivery this marketing year. Interior movement continues to be a problem in the Midwest because of low river levels on the Mississippi, but some exporters have been able to shift to the Pacific Northwestern ports.

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