Soybeans were mixed, adjusting old crop/new crop spreads. U.S. planting and development conditions generally look non-threatening to beneficial. The USDA says 75% of U.S. soybeans are planted, compared to the five-year average of 54%, with 41% of the crop emerged, compared to 25% on average. Weekly export inspections were down on the week and the year, but the 2020/21 pace remains well ahead of 2019/20. The leading destinations were Egypt and Indonesia, with a relatively small amount headed to China, as most of that was shipped earlier in the marketing year.

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