Soybeans Little Higher

Soybean futures are trading a little higher Thursday morning. August Soybeans are trading at 1026 3/4, up 6 cents and November Soybeans are trading at 1000 3/4, up 5 1/4 cents. August Soymeal is trading at 365.3, up 1.8 and December Soymeal is trading at 344.7, up 1.7. August Soybean Oil is trading at 31.51, up 0.16 and December Soybean Oil is trading at 31.90, up 0.18.

Market chatter about a firm basis is making the rounds. The USDA will report weekly export sales this morning.