- South Korea's Nofi bought 9,000 MT of Indian soymeal for August shipment

- South Korea's KFA bought 17,000 MT of Indian rapemeal for August shipment

- USDA said 96% of the US soybean crop was planted as of July 5, lagging the normal pace because of a wet June. Most years soybean planting is completed by July. Crop condition was rated 63% good to excellent unchanged from week ago and vs. 72% a year ago. Analysts had expected the USDA to peg the soybean crop at 61% good to excellent

- US soybean export inspections for week, ending July 2, reported 197,441 MT, within trade estimates (125-275 TMT)

- AgRural said Brazilian farmers have sold 17% of new crop (2015/16) soybeans forward by the end of June compared to 3% a year ago with old crop (2014/15) sales at 77% against 81% a year ago

- Indian crop sowing accelerates on surplus monsoon rains. Indian summer crop plantings at 30.6% vs. 19.4% last year (oilseeds 7.4 vs. 1.5)

- Stratégie Grains holds its forecast of EU soybean new crop production about unchanged at 2.2 MMT up 22% from last year

- Stratégie Grains cut its forecast of EU rapeseed new crop production to 21.8 MMT from 22.3 MMT down 10% from last year

- Stratégie Grains trims its forecast of EU sunseed new crop production to 8.35 MMT from 8.44 MMT down 4% from last year