Soybeans are trading with 5 to 6 cent gains across most contracts on Tuesday. The cmdtyView national average Cash Bean price is down 5 cents at $10.74 1/4. Soymeal futures are up $1 to $2 in the front months, with. Soy Oil futures up 70 points.
ANEC estimates the Brazilian soybean exports at 10.69 MMT for February, down 0.77 MMT from the previous week.
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EU import data from the European Commission estimates the country’s soybean import total from July 1 to Feb 22 at 8.11 MMT, down 1.02 MT from the same period last year.
Mar 26 Soybeans are at $11.39 1/4, up 5 cents,
Nearby Cash is at $10.74 1/4, up 5 cents,
May 26 Soybeans are at $11.55 1/4, up 5 1/2 cents,
Jul 26 Soybeans are at $11.68 3/4, up 5 1/4 cents,
