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Barchart
Austin Schroeder

Soybeans Easing Back on Thursday

CmdtyView Oil USDA

Soybeans are showing 3 to 6 cent losses so far on Thursday. The cmdtyView national average Cash Bean price is 5 1/2 cents lower at $9.88 ¼. Soymeal futures are showing nearby contracts within 50 cents of unchanged at midday, with Soy Oil futures 7 to 17 points lower on the day. There were 142 deliveries issued against January soybeans overnight, with 70 issued for bean oil.

A private export sale of 132,000 MT of soybeans were reported as sold to China by the USDA this morning.

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