Soybeans Trading with Slight Wednesday AM Gains

Soybeans are trading with slight fractional gains on Wednesday. Futures closed Tuesday with contracts down 1 to 3 cents. Open interest was up 7,135 contracts on Tuesday, with the front 2 contracts seeing some decline. There was another 29 deliveries reported overnight, taking the total to 1,736 for the month. The cmdtyView national average Cash Bean price was 2 1/2 cents lower at $10.53 1/4. Soymeal futures were down $2.00 to $3.10 on the day, with Soy Oil futures 41 to 54 points higher. Crop Production d ...