Soybeans were a few cents higher near midday on Tuesday to set a three-month high as investors continue to be cheered by recent export business. No new soybean sales were reported on Tuesday, but USDA did say China bought 30,000 metric tons of soybean oil.
Rain moved through Kansas and the central Plains, while the dry southeast will be missed by storms for the next several days.
Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Feedstuffs.