Soybeans little higher

Soybean futures are trading a little higher Tuesday morning. May Soybeans are trading at 952 1/4, up 3 1/2 cents. May Soybean Oil is trading at 31.09, up 0.05. May Soymeal is trading at 310.4, up 1.6. Market chatter about large supplies and a decline in the basis for southern Hemisphere crops capped rallies on Monday. Trading is rangebound and chatter about weather continues.