Soybeans futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. The cmdtyView national average Cash Bean price was 1 3/4 cents higher to $10.52. Soymeal futures were up $1.70 to $2.80, with Soy Oil futures steady to 13 points higher.
USDA released delayed Export Sales data on Tuesday morning, with beans coming in at 785,003 MT on the lower half of the 0.5-1.4 MMT trade estimates in the week of 10/9. That was a 3-week low and 53.9% below the same week last year. To that point, China had yet to make any purchases.
