Monday 21st July 2025

Soybeans were higher on commercial and technical buying. Buyers followed the seasonal trend and added to their long positions. The trade was expecting the USDA to report harvest as nearly complete. The USDA says 95% of U.S. soybeans are harvested, compared to 92% a week ago and the five-year average of 96%. The last official national update of the season is out on Monday the 29th. Near-term conditions in South America are generally favorable, but there are concerns about long-term conditions due to La Nina.

   

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