Soybeans prices dropped 3 to 4 cents with 46 deliveries reported. Soymeal futures are up $4.50 to $6.00, while Soy Oil futures are down 48 to 80 points. NASS reports 97% of US soybean crop setting pods, with condition ratings at 64% gd/ex.

Canadian canola stocks at 1.597 MMT in July, down 50.5% from last year. Sep 25 Soybeans steady at $10.13 1/2, Nearby Cash down 3 1/2 cents at $9.52 1/4, Nov 25 Soybeans down 3 3/4 cents at $10.30, Jan 26 Soybeans down 3 1/2 cents at $10.49 1/4.

Read more at Yahoo Finance: Soybeans Holding Midday Weakness