Soybeans pulled back off of early double digit gains on Monday, with contracts closing fractionally to 3 1/4 cents higher across most contracts. The cmdtyView national average Cash Bean price was up 2 1/4 cents at $12.25 1/4. Soymeal futures were up $1.20 to $1.80 lower, with Soy Oil futures up 21 to 80 points.
A private export sale of 104,000 MT of soybeans was reported this morning by USDA to unknown destinations.