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Barchart
Barchart
Austin Schroeder

Soybeans See a Slight Bounce on Monday

CmdtyView

Soybeans saw a slight recovery on Monday with contracts up fractionally to 2 ½ cents at the close. November soybeans are averaging $10.18 at the close in the nine sessions through October. The cmdtyView national average Cash Bean price was 1 3/4 cents higher at $9.33 3/4. Soymeal futures were down 40 cents to $1.00/ton, with Soy Oil up 53 to 64 points in the day.

NOPA crush data is expected to be released on Wednesday, showing September crush. CONAB data will be out on Tuesday, showing Brazil soybean production estimates.

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