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Matthew Lucas at Total Farm Marketing said, “Soybeans are trading lower this morning following yesterday’s minimal gains. November soybeans are down 3-3/4 cents to $10.08-1/4 and March is down 3-1/2 cents to $10.44-1/4. October soybean meal is down $1.30 to $273.80 and October bean oil is down 0.03 cents to 49.32 cents.” The Hightower Report said, “China reportedly bought additional Argentine bean cargoes yesterday, with the total now up to 20 this week. Argentina’s crushing chamber raise concerns about the China purchases, saying they could limit bean supply availability for Argentina’s crush industry.”





