Soybeans Mostly Higher

September Soybeans are trading at 950 1/2, up 5 1/2 cents. November Soybeans are trading at 943 3/4, up 8 1/4 cents. December Soymeal is trading at 323.4, up 2.4 and December Soybean Oil is trading at 30.54, up 0.24. Some early gains have eroded a bit. Trading is expected to remain very choppy.

Market chatter about weather is making the rounds. Brazil official reported that exported 8.44 million tons of soybeans during July versus 9.81 million tons in June and up from 6.043 million tonnes a year ago.