Soybeans were lower on fund and technical selling. 60% of U.S. beans are rated good to excellent, the lowest rating for late June in a few years. Still, there’s expected to be at least some improvement in next week’s update thanks to this week’s weather. Planting is nearly wrapped up with the trade waiting to see just how much actual planted area differs from the USDA’s planting intentions numbers from the end of March. The USDA’s 2021 planted area totals are out June 30th, along with quarterly grain stocks.

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