Soybean Futures Trading Higher

November Soybeans are trading at 968 1/2, up 8 4/4 cents/bushel. January Soybeans are trading at 972, up 8 1/2 cents/bushel. December Soymeal is trading at 314.1, up 4.0 $/ton. December Soybean Oil is trading at 33.26, up 0.13 cents/lb. Soybean futures are trading near the session highs. Market chatter about weather in the Midwest and exports is making the rounds. The weekly soybean crop condition report showed 73 percent of the crop was rated good to excellent versus 73 percent a week ago and 63 percent a year ago. The ten year average at this time of year is 58 percent.