Soybeans are trading with 4 to 5 cent losses in the front months on Wednesday’s midday. The cmdtyView national average Cash Bean price is down 4 1/4 cents at $11.06 1/2. Soymeal futures are down $1 to $2 so far on the day, with Soy Oil futures back down 42 to 55 points in the front months.
Planting progress is far from delayed at this point, though the next 7-days looks to see limited planters rolling, as 1 to 3 inches of rain is expected from the Central Plains to the East Coast.
