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Austin Schroeder

MYSTERIOUS: Soybeans close wednesday with gains - You Need To See This

CmdtyView Oil

Soybeans settled Wednesday trade with contracts 3 to 7 ¼ cents higher in the front months, as some deferred were steady to slightly lower. January expired today. The cmdtyView national average Cash Bean price was 4 cents higher at $9.70 1/2. Soymeal futures were up 80 cents to $1.20 to close out the day, as Soy Oil futures were down 2 to 22 points. There were 47 deliveries issued against soybeans overnight, with 7 for January bean oil.

USDA reported a private export sale of 334,000 MT of soybeans to China on this morning via their daily announcements system.

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