Soybeans Higher to Start Monday Trade

Soybeans are fractionally to a penny higher so far on Monday morning.  Futures saw stronger trade late in the Friday session, as front months were 3 to 4 cents higher at the close. March was a dime higher last week. Friday’s open interest was up 5,871 contracts. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $9.98 ¾. Soymeal futures were 20 cents to $3.70/ton, as March rallied $9.90 last week. Soy Oil futures were 5 to 21 points higher, with March up 138 points since last Friday. ...