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Barchart
Barchart
Austin Schroeder

Soybeans Showing Mixed Midday Trade on Tuesday

Soybeans are mixed at midday, with front months up 2 to 9 cents, led by thin July, as new crop November is down a penny. There were 26 deliveries issued against July futures overnight. The cmdtyView national average Cash Bean price was up 47 1/4 cents at $11.36 3/4. Soymeal futures are $1.10 to $1.70 higher across most contracts, with Soy Oil futures 36 to 54 points higher. There were no deliveries against July soybean meal futures overnight, with against July bean oil.

USDA reported a private export sale of 105,000 MT of soybean meal to Colombia for the current marketing year this morning.

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