Soybeans are powering through at Thursday’s midday, with contracts 2 to 4 cents higher at midday. The cmdtyView national average Cash Bean price is up 2 cents at $12.64 ¾. Soymeal futures are rallying $9 to $11.30 in the front months, with Soy Oil down 75 to 80 points at midday.
The 7-day forecast from NOAA continues to call for heavy rains from parts of SD, NE, and KS through IA, MN, WI, IL, IN, and OH. That will limit early harvest progress.
