Soybean Futures Little Changed

September Soybeans are trading at 978 1/4, down 3 cents/bushel. November Soybeans are trading at 958 3/4, down 2 3/4 cents/bushel. December Soymeal is trading at 329.1, down 2.5 $/ton. September Soybean Oil is trading at 30.14, up 0.27 cents/lb. Soybean futures are trading a little lower Tuesday after Monday's plunge. The USDA reported on Monday that soybean export inspections as of July 28th are now 93.0 percent of the agency forecast versus the five year average of 96.6 percent. The weekly soybean crop conditions report showed 72 percent of the crop was rated good to excellent versus 71 percent last week and 63 percent a year ago. The ten year average at this time of year is 59 percent.