Soybeans are down 6 to 9 ½ cents across most contracts at midday. The cmdtyView national average Cash Bean price is 9 1/2 cents lower at $10.53 1/4. Soymeal futures were back down $5.40, with Soy Oil futures 32 points lower.
Soybean export bookings came in the middle of the trade range estimates of 0.6 to 1.6 MMT at 919,447 MT for the week of 10/2. That was a 3-week high but still down 8.6% from the same week last year. Soy meal sales were 328,300 MT, on the high side of between 150,000 and 350,000 MT estimates. Bean oil sales were net reductions of 11,800 MT.
