Soybeans were lower on fund and technical selling. 61% of U.S. soybeans are in good to excellent shape, up 1% on the week, with better conditions reported in eastern growing areas. Near-term weather is likely to cause stress in some key growing areas, but it remains to be seen how much of an impact it’ll have on yields. There’s also the question of how many acres were actually planted this year, with the USDA resurveying producers in some areas after a slow start to the season.
Slide continues for corn, soybeans, wheat
