- USDA said the US soybean crop condition was rated 62% good to excellent as of July 19, steady on a week ago, and matching analysts' expectations and vs. 73% a year ago

- US soybean export inspections for week, ending July 16, reported 306,379 MT, above trade estimates (110-215 TMT)

- Safras & Mercado forecasts a 3.8% increase of Brazilian soybean acreage in 2015/16 to a record 32.9 mln ha from last year's 31.7 mln ha and production at a record 99.8 MMT vs. 2014/15 crop of 95.5 MMT