Soybeans Futures PricesTue, Jun 28th, 2016
Latest Brugler Soybeans Report
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Soybean futures are currently 15 to 19 1/4 cents higher on a lower USD and slight declines to the national soybean condition. Our Brugler500 Index had the national condition rating at 378, down 1 point from the previous week. The soybean condition score in Illinois was down 7 points week over week, to an updated score of 376, still good for 36 points ahead of last year at this time. Iowa saw its condition rating slip by 6 points to 385, which is actually down 6 points from this week last year. The two states combined for 28% of 2015 US soybean production. The season’s first blooming progress showed 9% of the crop has bloomed, up 2 points from average.
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