Soybean and Corn Futures Trading Higher

August Soybeans are trading at 1070,up 19 1/2 cents/bushel. November Soybeans are trading at 1047 1/4 , up 22 1/2 cents/bushel. August Soymeal is trading at 374.3, up 7.1 $/ton. August Soybean Oil is trading at 30.02, up 0.24 cents/lb. September Corn is trading at 349 1/4, up 7 1/2 cents/bushel. December Corn is trading at 356 1/4, up 7 3/4 cents/bushel. Corn futures and Soybean futures are trading just under the session highs. Market talk about weather and the USDA crop reports due out Tuesday is making the rounds. The USDA is scheduled to release the monthly World Agricultural Supply and Demand Estimates Report (WASDE) and crop production data Tuesday at 12:00 p.m. ET.