The soybean market is trading with 3 to 7 cent gains on the day. The cmdtyView Cash Bean price is up 3 cents to $10.23 1/4. Soymeal futures are up $1.70/ton. Soy Oil is trading with a slight 20 point pull back. Limits for the soybean complex will be expanded again on Tuesday.

The USDA reported a private export sale of 120,000 MT of 2025/26 soybean meal to unknown destinations this morning.

The weekly USDA crop progress report showed US soybean planting progressing just 3% in the week ending on Sunday, to 93% complete, lagging the five year average of 94%. Emergence was at 84%, one point faster than the five year average. USDA data showed a 2% drop in soybean conditions to 66% gd/ex. The Brugler500 index dropped 5 points to 367. Improvement was noted in NE (4), with SD (+3), NC and TN also higher. Ratings dropped in IL and IA (-1), with IN, MO, and ND all 3 points lower.

EU Soybean meal imports are tallied at 13.58 MMT as of June 15 (since July 1), which is up from the 12.65 MMT in the same period last year.

Jul 25 Soybeans  are at $10.73 1/2, up 3 3/4 cents,

Nearby Cash  is at $10.23 1/4, up 3 cents,

Aug 25 Soybeans  are at $10.76, up 4 1/4 cents,

Nov 25 Soybeans  are at $10.67 1/4, up 6 3/4 cents,

New Crop Cash  is at $10.12 1/2, up 7 cents,