
Soybeans are trading with mixed action on Wednesday morning. Futures closed the Tuesday session with some slight turnaround action, as contracts were up 1 to 3 ¼ cents. The cmdtyView national average Cash Bean price was up 1 ¼ cents at $9.77 1/4. Soymeal futures posted gains of $1.50 to $3.30 on Tuesday. Soy Oil futures were down 78 to 155 points.
A Chinese trade official is heading to D.C. this week for meetings with US trade reps according to a Wall Street Journal report.