Soybeans ended the day higher as concerns about the size and quality of the soybean crop linger. Monday’s crop progress and condition report showed the good-to-excellent rating dropped 5 points to just 53%, the lowest mark since the 2012 crop. There were significant drops in the major soybean-producing states. Not to dwell on the current crop, but analysts expect the potential for the final soybean yield to fall below 50 bushels per acre. That could create some concern for ending stocks.
