Soybeans Posting Midday Gains as Meal Rallies

Soybeans are trading up roughly 5–7 cents intraday; the cmdtyView national average cash bean price is up 5.75 cents to $10.93½. Soymeal futures are higher by about $11–$13.20 on the day while soybean oil futures are down 6 points. The article references the weekly Export Sales report but provides no details in the excerpt.

Analysis

Soybeans are trading up roughly 5–7 cents intraday; the cmdtyView national average cash bean price is up 5.75 cents to $10.93½. Soymeal futures are higher by about $11–$13.20 on the day while soybean oil futures are down 6 points. The article references the weekly Export Sales report but provides no details in the excerpt.