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Barchart
Austin Schroeder

Soybeans Holding onto Midday Gains on Tuesday

Soybeans are showing 1 to 4 cent gains so far on Tuesday. There were another 533 deliveries against January soybeans issued overnight. The cmdtyView national average Cash Bean price is 2 1/4 cents higher at $9.90 1/2. Soymeal futures are 50 cents to $1 higher, with Soy Oil futures down 10 to 15 points. 

Reuters reported that China bought 10 cargoes of US soybeans this week for March to May shipments. USDA confirmed some of that, with a private export sale announcement of 336,000 MT to China this morning,

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