Reported 2 days ago
Soybean prices rallied on Friday, with contracts increasing by 7 to 9 cents and November futures rising by 12.75 cents, closing at $10.19. The national average Cash Bean price also saw an uptick to $9.45½. Factors supporting this rise included gains in Soymeal and Soy Oil futures. President Trump expressed optimism about U.S.-China relations ahead of a forthcoming leaders meeting, suggesting that current tariffs are unsustainable.
Source: YAHOO