Soybeans are showing losses of 6 to 8 cents, as meal spillover weakness is taking over the continued export business. The cmdtyView national average Cash Bean price is down 7 1/4 cents at $11.87. Soymeal futures are down $5.40 to $6.20, as Soy Oil futures are up 25 to 28 points at midday.
The average close for November soybeans in October has been $12.78, as the October is used to determine the harvest price option for crop insurance.
