Soybeans are trading 1 to 2 cents higher, with Cash Bean prices up 1 1/2 cents at $9.77 1/4. Soymeal futures are down $3, while Soy Oil futures are up 14 points. Export Inspections showed 473,605 MT of soybeans shipped, with Egypt, Mexico, and Taiwan as top buyers. Rainfall in certain areas, with drying forecasted. Commitment of Traders report shows a decrease in net short position. Soybean prices show slight gains across various contracts.
Read more at Yahoo Finance: Soybeans Showing Gains at Monday’s Midday
