Soybeans are down 4 to 5 cents on Monday morning. Bulls took back the Thursday losses on Friday, with gains of 12 to 14 ¾ cents. September rounded out the week with a 54 ½ cent gain, as November was up 55 cents. The cmdtyView national average Cash Bean price was up 12 1/2 cents at $9.77 3/4. Soymeal futures were back down $1.10 in the front months on the day, as September was up $6.80 last week. Soy Oil futures were back up 100 to 117 points, with September up 47 since last Friday week.
Rains made their way through parts of the Dakotas, MN, northern IA and NE, WI, northeast IL and northwest IN over the weekend. Precip is limited to southern WI and northern IL today into tomorrow, with the forecast drying off after.
