Soybeans were lower on speculative and technical selling but managed to finish above the session lows. The recent rain in the Midwest and Plains might have missed some areas but could stabilize or even boost yields in parts of the region. The USDA’s August report had record large production and an all-time high for average yield, with the next estimate out September 12th. The USDA’s good to excellent rating was unchanged on the week, with development slightly behind the five-year average.
