Soybean prices are up 10 to 13 cents on Tuesday, with January nearing $11 and November reaching a new high for the year. Cash bean prices are also up 12 3/4 cents. Soymeal futures are rising, while Soy Oil futures are slightly lower. The market is optimistic ahead of the Trump Xi meeting later in the week. The trade expects soybean harvesting to be around 84% complete by 10/26, but the Crop Progress report was not available due to the government shutdown. Brazil’s soybean exports for October are estimated at 7 MMT, a slight decrease from previous projections. Nov 25 Soybean prices are at $10.79 3/4, up 12 1/2 cents, and Jan 26 Soybeans are at $10.96 3/4, up 11 3/4 cents.

Read more at Yahoo Finance: Soybean Rally Extends to Tuesday’s Midday