Soybean prices fell 9 to 11 cents on Monday, with the national average Cash Bean price at $9.77. Soymeal futures varied, while Soy Oil futures dropped 18 to 53 points.
US soybean crop progress data showed 89% setting pods and 4% dropping leaves, with condition ratings at 69% gd/ex. Export Inspections reported 382,806 MT shipped last week, with Indonesia as the top buyer.
Sep 25 Soybeans closed at $10.25 1/2, Nearby Cash at $9.77, Nov 25 Soybeans at $10.47 3/4, Jan 26 Soybeans at $10.67 3/4, and New Crop Cash at $9.69 1/2.
Read more at Yahoo Finance: Soybeans Face Monday Pressure
