September soybeans advanced 1.50 cents on volume of 164,939 contracts. Total open interest increased by 5,491 contracts, which relative to volume is approximately 30% above average. The August through November contracts lost 2,370 of open interest, which makes the total open interest increase more impressive. September beans made a new high at $12.69, and as this report is being compiled on August 14, September beans have made another new high at 12.70 3/4. Soybeans remain on a short and intermediate term sell signal.