Soybeans rallied off some early Monday steady trade, to close out the session 6 to 7 ¼ cents higher. There were another 76 deliveries reported overnight. The cmdtyView national average Cash Bean price is up 7 cents at $9.56 3/4. Soymeal futures were $1.00 to $4.20 higher in the front months. There were 88 deliveries issued on Friday night. Soy Oil futures are steady to 17 points higher. The CME reported another 6 deliveries on Friday night.
NASS tallied 97% of the US soybean crop setting pods by Sunday, with 21% dropping leaves, 1% behind normal. Condition ratings were down 1% to 64% gd/ex, as the Brugler500 was 1 point lower to 365.
