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Soybeans bounce with soymeal, buoyed by fresh sales
date:May 26, 2016
produced along with soyoil when soybeans are crushed.

Its kind of a turnaround Tuesday environment, Reilly said.

Second thoughts about weekly planting estimates released after the market closed on Monday also lifted soybeans, said Mike Zuzolo, president of Global Commodity Analytics. The USDA said soybean planting was 56 percent complete as of Sunday, ahead of the five-year average of 52 percent and also beating an average trade estimate of 55 percent.

But the USDA also reported that soybean

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