Chicago Beans Close Back In On $10/bu Level
08/09/16 — Soycomplex: Beans settled with nominal gains as prices close back in on the $10/bu level. The strong demand/record US production conundrum dominates. There were no daily sales to China or unknown today to back up the demand side of the coin however. The trade is looking for the USDA to raise soybean yields to 49.2 bu/acre in next Monday’s WASDE report (48.9 bu/acre currently), with