Soybeans Pushing Higher at Midday [Yahoo! Finance]
Blackstone Inc. (BX)
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Source: Yahoo! Finance
There was another 29 deliveries reported for November futures overnight, taking the total to 1,736 for the month. The cmdtyView national average Cash Bean price is 3 ¼ cents higher at $10.56 1/2. Soymeal futures are up $2.20 to $2.60 on the day, with Soy Oil futures 51 to 53 points lower. Crop Production data is expected to be released on Friday, as a Reuters survey of traders shows soybean yield expected to drop 0.4 bpa to 53.1 bpa, with output dropping 35 mbu to 4.266 bbu. Ending stocks via the monthly WASDE report are expected to total 304 mbu, vs. the 300 mbu from September. More News from Barchart Arabica Coffee Prices Rally with the Brazilian Real What Did We Learn About Markets at Tuesday's Close? Cocoa Prices Sharply Lower on the Prospects for Ample Global Supplies Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Nov 25 Soybeans are at $11.13, down 1/4 cent, Ne
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