Soybeans are trading with 19 to 21 cent gains on Wednesday. The cmdtyView national average Cash Bean price was up 21 cents at $11.98. Soymeal futures are up $3.80 to $4.20, as Soy Oil is back up 25 to 40 points.
The ProFarmer Crop Tour continued on Tuesday, with Nebraska pod counts in a 3’x3’ square averaging 1,219.62, 9.54% below last year and 0.6% the 3 year average. Indiana pod counts came in at 1,318.64 bpa, down 4.21% from a year ago and 3.4% decline from the three year average. Results for Illinois will be announced later this evening.