January Soybeans are trading at 1031 3/4, up 2 cents/bushel. January Soymeal is trading at 314.2, up 1.5 $/ton. January Soybean Oil is trading at 37.84, down 0.01 cents/lb.
Soybean futures are trading in the middle of the session range.
Market chatter about Southern Hemisphere weather and demand for U.S. soybeans is making the rounds. Street estimates for Brazil's soybean production are near 103.1 million tonnes versus the USDA forecast of 102 million tonnes.
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