Soybeans are down 1 to 2 ¼ cents on Tuesday, with the national average Cash Bean price at $9.34 ¼. Soymeal futures are posting losses, while Soy Oil futures are down due to crude oil pressure. Exports for June show mixed results, with soybean meal hitting a record, but bean oil exports dropping.

Crop Progress data shows the US bean crop blooming and setting pods at normal rates. Soybean conditions are at 69% gd/ex, with some states seeing drops in ratings. August soybean prices are slightly up, while nearby cash prices are down. September and November soybean prices are also down.

Overall, the soybean market is facing midday losses, with various factors influencing prices. Exports for soybean products are showing a mixed trend, while crop conditions are relatively stable. Prices for August soybeans are slightly up, while prices for other months are down.

Read more at Yahoo Finance: Soybean Fading Off Early Gains for Midday Losses