On Monday, soybeans closed lower, and corn and wheat closed mixed.
Soybeans continued losses on Monday after lower overnight trading amid harvest pressure as U.S. growers continue to get their crops out at a faster than normal pace. Nearby contracts saw initial gains before falling ahead of midday. Thoughts of a modestly better than expected harvest could help fuel continued lower moves in the soy complex. Favorable South American weather is also putting downward pressure on the soy complex.
