Soybeans Pushing Higher at Midday, Shrugging off Early Weakness

Soybeans are 1 to 3 cents higher so far on Wednesday. The cmdtyView national average Cash Bean price is up 1 3/4 cents at $10.58. Soymeal futures are $2.30 to $2.60 higher on the day, with Soy Oil futures are 7 to 9 points in the green so far on the day. The average close for November futures in February has been $10.91 as the base spring price for crop insurance is underway. USDA will release Export Sales data on Thursday morning with traders looking for between 0.3-1.1 MMT in old crop soybean sales in ...