
Soybeans are showing fractionally mixed trade so far on Monday. The cmdtyView national average Cash Bean price is up 3/4 cent at $10.53 3/4. Soymeal futures are up 70 cents on the day, with Soy Oil futures 12 points lower.
USDA reported a private export sale of 123,000 MT of soybeans to China this morning. In a CNBC interview this morning, Ag Secretary Rollins indicated the US and China would be “inking a deal this week or next week” in terms of the 12 MMT soybean commitments that have been previously reported.