Last week, domestic commercial soybean inventories rose, while soymeal slightly decreased.

On July 3, the import soybean inventory at major domestic oil mills was 7.7 million tons, up 280k tons week-on-week, up 870k tons month-on-month, up 700k tons year-on-year, and up 1.25 million tons from the three-year average; the soybean meal inventory was 680k tons, down slightly by 10k tons week-on-week, up 210k tons month-on-month, down 150k tons year-on-year, and down 230k tons from the three-year average for the same period. (National Grain and Oils Information Center)
SOYBEAN0.36%
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