Soybean futures settled sharply higher today, with most contracts up 15 3/4 to 19 cents. Sept soy meal was up $9.60/ton, with nearby bean oil 21 points lower. US soybean progress was reported 1% below the average for dropping leaves at 11%. Condition ratings were unchanged from last week at 61% gd/ex and 358 on the Brugler500.
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