Soybeans, corn, wheat up ahead of Memorial Day

Soybeans were higher on short covering and technical buying. Traders bought back some of the recent losses and pulled contracts to solid weekly gains, while watching U.S. planting and development weather. Near-term forecasts for most of the Midwest are warm and dry, which could cause some early stress. The critical month for soybeans will be August when the crop will be in the pod filling stage.
Soybean meal and oil were higher, following the lead of beans.

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