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Barchart
Austin Schroeder

Soybeans Post Gains, as NASS Confirms Record October Crush

USDA CmdtyView Oil

Soybeans were 1 to 4 cents higher across most contracts on Wednesday.  The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher. 

USDA reported private export sales of 136,000 MT of soybeans to China and 119,000 MT to unknown destinations, as well as 212,000 MT to unknown received in the reporting period. Another 120,000 MT of soybean meal was sold to Poland.

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