Soybean futures are showing some gains after a better than expected NOPA number pulled contracts off early lows. The market is trading with 3 to 4 cent gains. The cmdtyView national average Cash Bean price is 3 cents higher at $9.35 3/4. Soymeal futures are up $1.80 to $1.90, with Soy Oil up 30 to 31 points in the nearbys
After the Tuesday close, President Trump posted that he is “considering terminating business with China, having to do with cooking oil and other elements of trade, as retribution” to not buying US soybeans.
