Soybeans are showing 10 to 13 cent gains so far on Tuesday trade. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $12.46 3/4. Soymeal futures are up $2.30 to $2.90, with Soy Oil slipping just 85 to 93 points.
USDA’s Crop Progress report from Monday indicated 75% of the US soybean crop dropping leaves as of 9/27. Harvest was tallied at 17% complete, now matching the average pace. Condition ratings were steady at 58% gd/ex, with the Brugler500 index at 352.
