Soybeans Little Higher

Soybean futures are trading a little higher Wednesday after Tuesday's move lower. May Soybeans are trading steady and higher at 959 1/4, up 4 3/4 cents. May Soybean Oil is trading at 30.35, up 0.31. May Soymeal is trading at 319.5, up 2.0. Chatter that weather and planting prospects are uncertain has led to some buying. Market talk that soybean crush data has been soft and exports lackluster has kept trading active. Market chatter is emerging that ending stocks for the 2014/2015 season may increase. Chatter about soft cash soybeans in Argentina has led to some selling pressure on rallies. Harvest in Brazil and chatter about high yields in the Southern Hemisphere is also making the rounds.