ADM Investor Services said, “Prices were mostly higher with beans up $.06-$.10 led by new crop, meal was little changed while oil closed 55-65 points higher. Inside trade for July-26 beans while establishing its 1st close above $12 in nearly 2 months. Nov-26 traded to a new 2-year high. New contracts highs in bean oil with the spot contract soaring to a fresh 3 ½ year high.” Brandon Doherty at Total Farm Marketing said, “In Brazil, the estimates for this season’s soybean production are seen at a record 180 million tons. Despite this, prices have remained firm due to strong demand both domestically and internationally. Higher crude oil prices due to the war in Iran have been very supportive for soybean oil and ethanol.”