Liquidation, dollar hammer wheat

Soybeans were lower on fund and technical selling. Beans and bean oil saw another round of long liquidation by funds linked to slow export demand. Old crop soybean sales were up sharply from last week, but relatively unimpressive, Mexico and Japan topped the list with routine demand from unknown destinations, and there were no reported new crop sales. Soybean meal export sales were above a week ago, while soybean oil was down sharply. Bean meal futures were mixed Thursday, consolidating.

…