Soybeans were modestly higher on short covering and technical buying, while closing mixed on the week, with losses in the nearby months and gains in deferred contracts. Beans had a mostly mixed session Friday but were able to close firm – finding interest towards the lower end of the range and watching weather in South America. Argentina’s crop condition rating fell over the past week, now at just 9% good to excellent, but those losses are expected to be made up by a record crop for Brazil.
