Soybeans posted gains of 7 to 9 cents across most contracts on Friday, helping to push the weekly gain to 55 cents. The cmdtyView national average Cash Bean price was 6 1/4 cents higher at $10.33 1/2. Soymeal futures were up $4.50 to $6.10, with December rallying $27.50 on the week. Soy Oil futures were 68 to 97 points lower, as December fell 159 points since last Friday.
November soybeans averaged a close of $10.35 throughout October, which should be the harvest price for Crop Insurance. That is up 32 cents from last year but down 19 cents from the spring price.
