Soybeans Reverting Back Higher on Wednesday AM Trade

Soybeans are back up 3 to 4 cents so far on Wednesday morning. The soybean market slipped into the Tuesday close, as contracts were down 1 to 2 cents on the session. Open interest was down 17,022 contracts on Tuesday, a majority of which was in November ahead of options expiration on Friday. The cmdtyView national average Cash Bean price was steady at $9.58 1/4. Soymeal futures were steady to $1.90 higher on the day, with Soy Oil 50 to 66 points lower. There were more comments from President Trump on Tues ...