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Barchart
Barchart
Austin Schroeder

Soybeans Rally at Midweek

CmdtyView Oil

Soybeans were in rally mode on Wednesday, with the $10 area holding. Contracts were up 18 to 19 cents at the close. The cmdtyView national average Cash Bean price is up 19 cents at $9.75 1/4. Soymeal futures were up $2.20/ton, as Soy Oil was 20 to 24 points higher. 

President Trump announced a preliminary trade deal with Indonesia on Tuesday, reportedly including commitments to purchase $4.5 billion in ag products.

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