- Venezuela bought 2 cargos of Argentine soymeal for August

- Dr. Cordonnier left his soybean yield unchanged from last week at 43.5 bushel per acre with production of 3.58 billion bushels. This compares to the USDA at 46 BPA with a crop of 3.885 BB

- Soybeans in India at Risk as El Nino Cripples Monsoon Rains

- Stats bureau said China produced 13.88 MMT of rapeseed from the June harvest, a rise of 1.2% on a year ago and well above industries estimates of below 10 MMT

- Indonesia to impose palm oil export levy on Thursday. The new levy will require exporters to pay 50 $/mt for crude palm oil and 30 $/mt for processed palm oil products shipments when the export tax is cut to zero - which happens when a reference price drops below 750 $/mt

- Surveyor Intertek Testing Services estimated Malaysia's July 1-15 palm oil exports at 666,132 MT down 15% from a month ago

- Surveyor SGS estimated Malaysia's July 1-15 palm oil exports at 664,641 MT down 15% from a month ago