September soybeans lost 15.50 cents on volume of 153,385 contracts. Open interest increased by only 578 contracts, which relative to volume is approximately 85% less than average. The August contract accounted for loss of 1,680 of open interest. As this report is being compiled on August 2, September soybeans have made another new low at 12.21 and is trading 12.25 cents lower. Soybeans remain on a short and intermediate term sell signal.