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Soybean futures finished mixed, from up a half cent to down 6 cents. Condition ratings declined further in the Crop Progress report published this afternoon, with the Brugler500 rating dropping 3 points to 363.The trade estimated planting @ 93-95% completed. USDA reported 94%, 3 points shy of the five year average but right on top of the expectations.The weekly export inspections for the week ending June 25 were 296,860 MT, a 40% increase from the week before, and a change of + 74.96% from the 2014 figure for this week.YTD inspections are 12.40% larger than last year.Acreage estimates for the USDA report tomorrow average 85.171 million acres, about half a million acres larger than the March Intentions report. Estimates for soybean stocks as of June 1 average 670 mbu, with a 116 mbu range from 604 mbu to 720 mbu.The high end would be 177% of a year earlier.
Jul 15 Soybeans closed at $10.02 1/2, up 1/2 cent,
Aug 15 Soybeans closed at $9.94 1/2, down 3 1/4 cents,
Sep 15 Soybeans closed at $9.84 1/2, down 5 cents,