Soybeans finished Thursday trading slightly higher, with front months leading the way. The national average Cash Bean price rose to $9.36 1/4. Soymeal futures closed down, while Soy Oil futures were higher. Argentina lifted its export tax suspension after hitting a $7 billion target. China urged the US to remove tariffs, and President Trump mentioned aiding producers with tariff funds. Export Sales data showed a decline in soybean sales compared to last year, with Egypt, Taiwan, and Mexico making the largest purchases. Meal sales were lower than estimates, with soybean oil sales on the higher side. Closing prices for Nov 25, Nearby Cash, Jan 26, and Mar 26 Soybeans were up slightly.
Read more at Yahoo Finance: Soybeans End Thursday on the Higher Side
