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Soybean futures are trading steady Tuesday morning. On Monday, the USDA weekly soybean export inspections were 172,066 tons. July Soybeans are trading at 974 3/4, down 1 1/2 cents. November Soybeans are trading at 947, down 2 cents. July Soybean Oil is trading at 32.66, up 0.03. July Soymeal is trading at 312.3, down 0.7.
Chatter about a labor dispute in Argentina's ports has been supportive. Market talk that demand from China, particularly for bean oil has brought in some buyers. Chatter about weather and plantings in the U.S. is now constant.
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