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Barchart
Austin Schroeder

Soybeans Posting Losses at Midday

CmdtyView USDA Oil

Soybeans are posting 14 to 16 cent losses across the front months on Wednesday’s midday. The cmdtyView national average Cash Bean price was is 15 3/4 cents lower at $10.64. Soymeal futures are back down $5.60, with Soy Oil futures 122 points lower.

USDA reported another 330,000 MT of soybeans sold to China via their daily announcement system this morning. That followed the 792,000 MT from Tuesday. 

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