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Austin Schroeder

SHOCKING: Soybeans hold onto gains on wednesday - You Need To See This

Soybeans posted gains of 1 to 4 3/4 cents to close out Wednesday. The cmdtyView national average Cash Bean price was up 2 cents at $10.58 1/4. Soymeal futures were $1.00 to $2.20 higher on the day, with Soy Oil futures slipping 15 to 36 points on the day.

The average close for November futures in February has been $10.93. Last year’s base spring price for crop insurance was $10.54.

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