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Austin Schroeder

FORGOTTEN HISTORY: Soybean near unchanged at midday - Caught on Camera

Soybeans are trading with firmer action on Friday, with contracts within a penny of unchanged. The cmdtyView national average Cash Bean price is up 1/2 cent at $10.50 1/2. Soymeal futures are back down steady to 50 cents higher, with Soy Oil futures 35 to 42 points lower.

World soybean production was trimmed by 2 MMT according to International Grains Council data, with consumption rising 1 MMT and ending stocks down 2 MMT to 77 MMT.

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