“`html
Soybean futures rose 1 to 2 cents at midday, with the cmdtyView national average Cash Bean price at $10.52 ¾, an increase of 1 ½ cents. Soymeal futures increased by $2.80 while Soy Oil futures showed a decrease of 8 to 9 points.
The USDA reported delayed Export Sales data on October 10, showing bean sales of 785,003 MT, which was below the trade estimates of 0.5-1.4 MMT, marking a 3-week low and a 53.9% decline year-over-year. Soymeal sales were reported at 358,406 MT, higher than the expected 150,000-400,000 MT range, while bean oil sales totaled 1,924 MT, falling significantly short of expectations.
“`
