1. Meanwhile, traders anticipated the government would announce large amounts of export inspections of soybeans today in a weekly report. 2. Soybean futures closed mostly higher, boosted by spillover support from soybean oil futures, strong weekly export inspections and European demand. 3. Soybean futures were pressured by profit-taking and weak export inspections. 4. The USDA Monday pegged export inspections for soybeans above week-ago levels and at the high end of trade estimates. 5. Wheat futures fell after the Agriculture Department reported a decline in export inspections, indicating that U.S. grain is too expensive on world markets. 6. Corn prices slipped lower on pressure from low weekly export inspections. 7. Disappointing export inspections and talk of continued ideal winter wheat-growing conditions sent wheat prices lower. 8. Disappointing weekly U.S. export inspections weighed on the market. 9. Higher-than-expected weekly export inspections of U.S. soybeans provided support. 10. Prices settled slightly higher thanks to stronger export inspections. |