Soybeans Continuing Fall as USDA Punts

Soybeans are down 5 to 6 cents in the front months at Tuesday’s midday. The cmdtyView national average Cash Bean price is 4 3/4 cents lower at $10.18 1/4. Soymeal futures are $3.50 to $4.00 in the red, with Soy Oil futures 25 to 30 points lower. WASDE data was updated this morning, but nothing in the US side was adjusted. The World Ag Outlook Board decided to punt to the January report as both supply and demand was left stale and projected ending stocks were steady at 290 mbu. More News from Barchart Ov ...