Soybeans posted 16 to 21 cent gains across the front months on Monday. There were 207 deliveries issued on Friday night, taking the total to 884 for the month. The cmdtyView national average Cash Bean price is 21 cents higher at $10.56 1/4. Soymeal futures were back down a dime to 80 cents on the day, with Soy Oil futures 104 to 116 points higher on the day
Export Inspections data showed 965,063 MT (35.46 mbu) of soybeans shipped in the week that ended on October 30, which was a drop of 16.8% from the week prior and 58.3% below the same week last year. Egypt was the top destination of 234,353 MT, with 138,647 MT to Italy and 133,192 MT to Mexico. Marketing year shipments have totaled 7.78 MMT (285.88 mbu), a 40% decline yr/yr.
