Soybeans eased back lower on Monday, with contracts down 1 to 2 cents on the session. The cmdtyView national average Cash Bean price was up 2 1/4 cents at $9.75 1/2. Soymeal futures were down $1.40 to $3, with Soy Oil futures back up 8 to 33 points.
Crop Progress data from NASS this afternoon showed 95% of the US bean crop blooming by Sunday, with 82% setting pods, both even with normal. Soybean conditions were steady at 68% gd/ex, though the Brugler500 index was down another point to 373.
