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Barchart
Barchart
Austin Schroeder

Soybeans Posting Gains at Thursday’s Midday

Soybeans are 5 to 6 cents higher across the front months at Thursday’s midday. The cmdtyView national average Cash Bean price is 6 cents higher at $9.38 3/4. Soymeal futures are up 60 to 80 cents on the day, with Soy Oil 26 to 30 points higher in the nearbys.

Harvest should continue in the next week for much of the Western Corn Belt, with the ECB seeing 1-3 inches. That should put a slowdown on any later harvest, though it will add back to some lower river levels along the Mississippi. 

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