AgResource Soybean Comment and Analysis
Soybeans Gain on Higher Meal Prices: Soybean meal led the CBOT soy markets higher on Tuesday, with December meal finding support against the 100 and 200-day moving averages and gaining $6.90/ton. Soybean oil was also higher, and soybeans gained 10-12 cents on firming crush margins. The nearby CBOT crush spread gained 5 cents to $3.23/Bu.…