Soybeans are trading with 14 to 16 cent losses Tuesday’s midday. There were 3 deliveries issued against September beans. The cmdtyView national average Cash Bean price was up 5 3/4 cents at $9.79. Soymeal futures are down $5.30 to $8.20 in the front months. There were another 12 deliveries issued against September meal. Soy Oil futures are 50 to 52 points lower. There were 403 deliveries issued against September bean oil on Friday night.
Export Inspections data showed 472,914 MT (17.38 mbu) of soybeans shipped in the week that ended on August 28, which was up 20.3% from the week prior and 6% below the same week last year. Vietnam was the top destination of 126,247 MT, with 115,769 MT to Mexico. Marketing year shipments have totaled 49.76 MMT (1.828 bbu) since last September, 11.3% larger yr/yr.
.png?w=600)
