 Soybeans managed to shed early weakness and find some decent gains. New contract low was set in the August soybeans before the bounce at the higher close. Soybean emergence 95% emerged, setting pods at 3% already. Wheat staged a rally with double-digit gains in many contracts and a return to hot and dry conditions in the Black Sea. Earlier this morning, we're seeing Dow futures down, European markets lower, Asian markets higher.