Soybeans are trading firmer on Friday, with prices near unchanged. Cash Bean price is at $10.50 1/2. Soymeal futures are steady to 50 cents higher, while Soy Oil futures are 35 to 42 points lower. World soybean production was trimmed by 2 MMT, consumption rose 1 MMT, and ending stocks are down 2 MMT to 77 MMT. Buenos Aires Grains Exchange data shows soybean planting progress at 24.6%, 11% behind last year. Jan 26 Soybeans at $11.23, Nearby Cash at $10.50 1/2, Mar 26 Soybeans at $11.31 3/4, and May 26 Soybeans at $11.40 1/2.
Read more at Yahoo Finance: Soybean Near Unchanged at Midday
