Soybean Contracts Inch Higher as Markets Await USDA Supply Report
Soybean futures on the Chicago Board of Trade closed modestly higher on Monday as market participants adjusted positions ahead of a U.S. Department of Agriculture supply and demand report due Wednesday. New-crop November soybeans rose 3-1/4 cents to $11.79-1/2 per bushel. Analysts polled by Reuters anticipate lower U.S. soybean ending stocks for 20…