Soybeans were steady to higher. Beans are watching U.S. planting and development weather, with the first USDA national crop rating of the season out after the close. 72% of the crop is in good to excellent shape, up 13% from the first 2023 rating, with 87% of the crop planted and 70% emerged, both ahead of the respective five-year averages. The USDA’s supply and demand report is out Wednesday and CONAB’s new outlook for Brazil is Thursday.
