July soybeans gained 1.25 cents on volume of 107,928 contracts. Volume fell somewhat from May 28 when July soybeans advanced 9.00 cents on total volume of 114,317 contracts and total open interest increased by 1,220 contracts. On May 29, total open interest increased by 788 contracts, which relative to volume is approximately 60% below average. However, the July contract lost 1,865 of open interest, which makes the total open interest increase more impressive (bullish). As this report is being compiled on May 30, July soybeans are trading 0.75 cents lower and have not taken out yesterdays high of $15.08 3/4.