Soybeans were in rally back mode on Friday, as contracts were up 7 to 9 cents on the session. November popped 12 ¾ cents higher this week after holding a test of $10. The cmdtyView national average Cash Bean price was 9 1/4 cents higher at $9.45 ½, as basis seemed to firm somewhat.
Support from the products was noted, as Soymeal futures were up $2.40 to $4.10 on the day, to have December close with a $6 gain on the week. Soy Oil was 24 to 29 points higher on Friday, with December 116 points higher over the 5 trade days.
