Soybeans, corn up on weather concerns, outside markets

Soybeans were higher on fund and technical buying, ending the week mixed, with nearby contracts up and deferred months down. Generally warm, dry weather in much of the Midwest should help planting but could cause early stress in some areas. Weekly old and new crop export numbers were bearish, with old crop sales at 4.5 million bushels and new crop at 11.1 million. There were no reported old crop sales to China with Indonesia the top buyer against a small cancellation by unknown destinations, and while China and Mexico did buy new crop U.S.

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