Soybeans were lower on fund and technical selling. The trade was getting ready for the USDA’s supply, demand, and production numbers out Tuesday at Noon Eastern/11 Central. Ahead of those reports, the average estimate for soybean production is 4.409 billion bushels with an average yield of 51.1 bushels per acre. New crop U.S. ending stocks are seen at 289 million bushels, with old crop world at 96.4 million tons and new crop world at 101 million tons.

…