Soybeans Back to Higher Trade on Thursday

Soybeans are trading with 3 to 5 ½ cent higher trade so far on Thursday morning. Futures fell back by 9 to 10 cents in the front months on Wednesday. Open interest was up 7,026 contracts on Wednesday, mainly in the March. The cmdtyView national average Cash Bean price was 8 3/4 cents lower at $10.45. Soymeal futures were down 20 cents to $1.70, with Soy Oil futures 89 to 101 points lower. There were no new deliveries issued against December soybean meal overnight, with 95 for December bean oil. Early on W ...