Soybeans were higher on commercial and technical buying. Interior cash basis levels are firm to strong, reflecting the tight supplies and solid demand. A move to a cooler, wetter pattern should delay fieldwork and planting in some areas. The USDA says 4% of U.S. soybeans are planted, compared to the five-year average of 1%. Soybean export inspections were down on the week and the year, but the pace remains ahead of what’s needed to meet projections.
