11. Soybeans futures faced continued pressure from ideas many farmers would switch to soybeans plantings from corn, which would now be unlikely to mature before early frost struck. 12. Soybean futures were pressured by concerns that the same precipitation would cause farmers to turn more of their corn acreage over to soybean plantings, increasing acreage. 13. The increase could have been higher except for an estimate that soybean plantings have risen significantly since the last official figures, which could ultimately mean a bigger crop. 14. The increase was limited by an estimate that soybean plantings have risen significantly since the last official tally, which could ultimately mean a bigger crop. 15. The ongoing South American soybean harvest and prospects for record-large U.S. soybean plantings hung over the market. |