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Austin Schroeder

UNBELIEVABLE: Soybeans trying to bounce into friday s close - Caught on Camera

Soybeans CmdtyView USDA Oil MO

Soybean futures are showing fractional to 2 cent gains across most contracts on Friday’s midday. There were another 408 deliveries issued against August soybean futures overnight. The cmdtyView national average Cash Bean price is down 2 cents at $9.32 ¾. Soymeal futures are posting Friday gains of $1.50 to $3.60/ton, with Soy Oil posting losses of 40 to 95 points at midday. Another 629 deliveries were issued for August bean meal on Thursday, with 3 issued for August bean oil.

The forecast for the next 7 days from NOAA shows a drier pattern across IA, MO, and the ECB, with the Plains seeing light totals to just over an inch.

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