Soybeans are rallying nearly 20 cents off the early session lows, with contracts up ½ cent to a penny lower in the nearbys. The cmdtyView national average Cash Bean price was up 1 cent at $12.61. Soymeal futures are down $1.30 to $1.60, with Soy Oil up 12 to 14 points.
Heavy rains continue to show up in the forecast for the next week according to NOAA, with 1 to upwards of 4 inches expected from TX to the Great Lakes, and NE to IN. Ohio and a line east of the Ohio river are expected to see lower totals.
