Soybeans were modestly lower on fund and technical selling, unable to see follow through buying from periodic support. It was a choppy day for beans, with the USDA’s condition rating holding steady and development ahead of average. Early harvest delays are expected in some southern areas due to Tropical Storm Nicholas. The USDA’s first national harvest update of the season is expected in next week’s crop progress and condition report on Monday the 20th. The NOPA’s member crush numbers for August are out this Wednesday, with the average guess at 154.183 million tons, which would be down on the month and the year due to tight supplies and high prices.

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