- USDA in its monthly S&D report pegged old-crop US soybean ending stocks at 255 million bushels, down from 330 MB a month ago and less than the 287 MB expected by market watchers. The new-crop stocks are seen at 425 MB down from 475 MB in June, but above average market expectation of 370 MB

- USDA raised its forecast of global soybean production in 2015/16 by 1.3 MMT to 318.9 MMT, mostly due to expanded US area and production, and now slightly above the record set in the prior year (318.6 MMT in 2014/15)

- USDA lowered 2015/16 world soybean inventories to 91.8 MMT from June estimate of 93.2 MMT and vs. average expectation of 91.84 MMT, but it will be a record high and vs. 81.68 MMT in 2014/15

- China's imports of soybeans in June rose 26.6% from a year ago and up 32% from May to 8.09 MMT (6.13 MMT in May 2015 and 6.39 MMT in June 2014), with expectations of further rises in July to 8.3 MMT and then slowdown in August to 7.4 MMT. Imports in the first half of the year rose 2.8% on year to 35.16 MMT

- European Commission estimated 2015/16 EU oilseed crop at 32.2 MMT down 8.5% from 2014/15 record crop (35.2 MMT). Including rapeseed crop at 21.7 MMT vs. 24.3 MMT in 2014/15, sunflower seed at 9 MMT unchanged from year ago and soybeans at 1.5 MMT vs. 1.8 MMT in 2014/15