Soybeans were higher on short covering and technical buying. The USDA’s national condition rating improved thanks to the recent change in weather in much of the Midwest. Still, parts of the region have a long way to go to fully recover and some areas remain drier than normal. Southern growing areas could see some damage from another round of high temperatures. Soybean meal was mixed on bear spreading and soybean oil was steady to lower on spread trade and follow through selling.
Soybeans, corn recover some recent losses