Chicago Board of Trade soyabean futures were mixed early Tuesday, with nearby contracts up on a technical recovery from this week's losses following good US Midwest rains and speculative liquidation, brokers said.
CBOT soyabeans were last up 9 cents per bushel to down 4 cents, with July up 9 cents at $10.21-1/2 and November down 2 cents at $7.50-1/2. CBOT soyabeans had settled on Monday down 2-1/2 to 23-1/2 cents, prompting the light recovery, brokers said.
FC Stone, Refco Inc. and Produce Grain each bought 100 July, while ADM Investor Services and R.J. O'Brien each sold 100 July, they noted.
Technical resistance for July held at Monday's high of $10.25, while support also held at Monday's low of $10.02.
CBOT soyameal was last up $1.60 per ton to down $1.90, with July up $1.50 at $325.80 per ton.
CBOT soyaoil was last up 0.22 cent to down 0.10 cent, with July up 0.22 cent at 32.60 cents. A firm close in rival Malaysian palm oil futures buoyed futures, brokers said.
Deliveries on the May soyabean contract were light at 63 lots, and a R.J. O'Brien customer stopped 47 lots. There were nil deliveries against May soyameal, and deliveries against May soyaoil totalled 42 lots.