Soybean futures saw gains of 12 to 13 cents on Wednesday, with the March 26 contract at $10.65 3/4, up 12 3/4 cents. The cmdtyView national average Cash Bean price dropped 13 1/4 cents to $9.95. Soymeal futures decreased by 40 to 70 cents, while Soy Oil futures rose by 141 to 144 points.
In related news, U.S. Trade Representative Greer indicated a potential meeting with Chinese officials before April, aligning with an anticipated summit between President Trump and President Xi. Meanwhile, rain is forecasted for northern Brazil, potentially delaying the early harvest, while southern Brazil and parts of Argentina are expected to experience drier conditions.
