Mark Soderberg at ADM Investor Services said, “Prices were higher to sharply higher across the complex today. Beans were $.20-$.24 higher, meal was up $4-$5 while bean oil rebounded 45-50 points. Nov-25 beans jumped out to their highest level in 2 weeks.” John Heinberg at Total Farm Marketing said, “Export inspections came in better than expected today with soybean inspections totaling 19 mb for the week ending August 7. This put total inspections for 24/25 at 1.77 bb, which is up 11% from the previous year at this time. China has remained absent from purchasing.” Chad Pater at CHS Hedging said, “The crop progress report released today after the close had soybeans rated 68% good to excellent, moving down 1% from last week's number.”