Soybeans were mixed, mostly higher, adjusting old crop/new crop spreads. The near-term supply continues to be very tight and beans were higher heading into Monday’s regular session, but contracts are overbought. Also, there are concerns about sustained demand at current price levels, with Brazil’s prices moving lower and Argentina’s harvest about a third of the way to the finish. StoneX estimates Brazil’s 2020/21 crop at 135.7 million tons, compared to the earlier projection of 134 million.

…