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Austin Schroeder

Soybeans Rallying with More Export Business

MO NE CmdtyView USDA Oil

Soybeans are in rally mode on Monday, with gains of 25 to 27 cents. The cmdtyView national average Cash Bean price is up 26 1/4 cents at $11.92 1/4. Soymeal futures are up $5.30 to $6.50 higher at midday, with Soy Oil futures down 50 to 60 points.

USDA reported a couple private export sales of 264,000 MT of soybeans to Mexico and 110,000 MT to unknown destinations for new crop.

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