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Barchart
Barchart
Austin Schroeder

Soybeans Trying to Hold onto Gains at Midday

Soybeans are trading with midday action of down ¼ cent for November and other contracts 1 to 2 cents higher. The cmdtyView national average Cash Bean price is 1/4 cent higher at $9.31 1/4. Soymeal futures are down $1.20/ton, with Soy Oil up 65 points in the day, as crude oil bounces. 

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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