Soybeans Higher to Start Tuesday Trade

Soybeans are showing Tuesday morning gains of 2 to 3 cents. Futures were lower on Monday, with contracts down 1 to 2 cents in the nearbys, and strength in some 2026 contracts. Open interest suggested a rotation on ownership, up just 379 contracts. The cmdtyView national average Cash Bean price was down 1 1/2 cent at $10.50 1/2. Soymeal futures were down 50 to 90 cents in the nearbys, with deferreds up 80 cents to $1.80. Soy Oil futures were 2 to 8 points lower, with other contracts steady to 6 points highe ...