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“Soybean blooming came in at 95%, in line with the 2020/24 average,” Ryan Kelbrants, with CHS Hedging, said. “Soybeans setting pods totaled 82% versus 80% last week but are in line with the 2020/24 average. Conditions in the Good/Excellent categories remained at 68%, above the average estimate of 67%.”
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“Chinese imports of soybeans for May rose by 1.8%, but Brazilian shipments fell in that timeframe by 17.7%. This was offset by an increase of …
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