Soybeans are trading with 1 to 3 cent losses so far at midday. November options expire today, with first notice day on the 31st. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $9.73 3/4. Soymeal futures are up $1 to $1.70 at midday. Soy Oil futures are down 26 points in the nearbys.
November soybeans have averaged $10.20 in October as part of the harvest price crop discovery. That is still 17 cents above the harvest price last year but down 34 cents from the February base price.
