While the critical weather period for soybeans isn’t until August, traders are monitoring conditions that will be stressful for crops in the western Corn Belt and Plains next week. There are better chances for rains in the northern and eastern Corn Belt, though they will be scattered.
Upcoming Stressful Weather for Crops
Soybean futures are mostly firmer, with soyoil sharply higher and soymeal solidly lower.
(Commodity Update)