
Soybeans saw 10 to 13 cent gains across most contracts on Thursday. November options expire on Friday. The cmdtyView national average Cash Bean price was 10 3/4 cents higher at $9.75 1/4. Soymeal futures were up 30 cents to $2.30 on the day, with some back months lower. Soy Oil was 55 to 80 points higher, supported by $3.25 gains in crude oil.
November soybeans have averaged $10.20 in October as part of the harvest price crop discovery. That is still 17 cents above the harvest price last year but down 34 cents from the February base price.