Soybeans Easing Back on Tuesday Morning

Soybeans are trading with 3 to 4 cent front month losses so far on Tuesday morning. Futures closed with Monday losses of 2 to 4 cents in the nearbys. Some deferreds held up. Open interest was down 9,956 contracts overall, with March down 36,209 contracts ahead of first notice day on Friday, as May was up 15,005 contracts. The cmdtyView national average Cash Bean price was down 3 1/4 cents at $10.69. Soymeal futures were down $1 to $2.50 in the front months, with. Soy Oil futures up 47 to 61 points. USDA’ ...