1. Also, speculation persists that large soybean delivery notices could be posted on Monday, when the settlement process begins for July contracts. 2. Ratings dropped in Indiana and Iowa, two large soybean growers, and held steady in Illinois and Minnesota. 3. Prospects for a large Brazilian soybean crop are keeping a lid on soybean prices. 4. Soybean futures also fell on profit-taking and on prospects for a large Brazilian soybean harvest. 5. Soybean futures were mostly lower, pressured by weakness in soybean oil futures and prospects for Brazil to harvest a record large soybean crop this spring. 6. Soybeans, which also rose Monday, came under renewed selling pressure linked to prospects for large South American soybean production. |
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