Soybeans Easing Back on Tuesday AM Trade

Soybeans are showing 2 to 4 cent losses across most contracts on Tuesday morning. Futures rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher last week. Open interest rose 6,846 contracts on Friday. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67 1/4. Soymeal futures were 70 cents to $1.30 higher on the day, with March up $5.60 last week. Soy Oil futures 40 to 47 points lower, as March was up 175 points on the week. CFTC data ...