Soybeans Seeing Slight Gains at Midday

Group 1 - The soybean market is experiencing slight gains, with the national average cash bean price at $9.59 1/2, up 1 1/4 cents [1] - Soymeal futures have increased by 90 cents to $1.10, while Soy Oil has decreased by 55 to 56 points [1] - The average close for November soybean futures is $10.17, with less than two weeks remaining for harvest price discovery for crop insurance [1] Group 2 - Brazilian soybean exports for October are estimated at 7.34 million metric tons (MMT), a slight increase of 0.03 MMT from previous estimates [2] - The European Commission reports EU soybean imports since July 1 at 3.51 MMT, which is 0.35 MMT lower than the previous year [2] - Current soybean prices include November soybeans at $10.32 3/4, January soybeans at $10.51, and March soybeans at $10.64 1/2, with minor daily increases [2]