Soybeans settled Monday with weakness in the nearbys, down ¾ to 3 ¾ cents, as the deferreds were steady to 1 ¾ cents higher. CmdtyView’s national front month Cash Bean price was down 3 3/4 cents at $9.71. Soymeal was down $2.80 to $6.50/ton across the board. Soy Oil futures were up 52 to 66 points on the day.

Weekly Crop Progress data showed 90% of the US soybean crop was dropping leaves by Sunday, which is 5% head of normal. Harvest jumped to 47% of the US crop, well above the 34% average pace. Conditions were down 1% to 63% gd/ex in the final condition update of the year. The Brugler500 index was 361, down 1 on the week to close out at a 4-year high for final ratings.

A private export sale of 172,500 MT was reported by the USDA to unknown destinations this morning through the daily flash sale reporting system.

Export Inspections data showed a MY high so far of 1.43 MMT (52.59 mbu) in soybean shipments during the week of October 3. That was up 1.9% from the same week last year and more than double the previous week. The largest destination was China of 705,091 MT, with 153,689 MT headed to Vietnam, and 147,297 MT to Mexico. Marketing year to date inspections have totaled 3.36 MMT (123.5 mbu), just slightly below the same period last year.

Brazil’s soybean crop was pegged at 4.5% planted as of Thursday, which lags the 10% planting pace from last year.

Nov 24 Soybeans  closed at $10.34, down 3 3/4 cents,

Nearby Cash  was $9.71, down 3 3/4 cents,

Jan 25 Soybeans  closed at $10.52 1/2, down 3 1/2 cents,

May 25 Soybeans  closed at $10.82 1/2, down 3 cents,