Soybeans are gaining support from short covering and added risk premium, with mostly favorable weather across the U.S. However, forecasts of rising heat in August—a critical month for soybean development—are raising concerns about potential yield losses. Corn and soybean export sales are tracking toward yearly projections, with corn exports forecast to reach a record 2.75 billion bushels8. Despite good growing conditions, strong demand will be essential to maintain adequate reserves, especially for soybeans. Corn export sales fell sharply last week, hitting a marketing year low of just 97,600 bushels, down 92% from the previous week and 89% below the four-week average.