Soybeans up, corn mostly firm on weather questions

Soybeans were higher on fund and technical buying. Parts of the Midwest got some rain over the weekend, but the precipitation missed some of the drier growing areas. The USDA says 51% of U.S. soybeans are in good to excellent condition, 3% lower than last week, with 96% of the crop emerged, compared to the five-year average of 89%, and 10% blooming, compared to 9% on average. While there could be more rain this week, coverage and totals are uncertain.

…