
Soybeans are trading with contracts down 1 to 2 1/2 cents on Wednesday, with futures bouncing off the early session lows. The cmdtyView national average Cash Bean price is 2 ¾ cents lower at $9.89 1/4. Soymeal futures are $3.30 lower, with Soy Oil futures steady at midday.
USDA reported a couple private export sales of 198,000 MT of soybean to China and 125,000 MT to unknown destinations this morning.