Soybeans Falling Early on Tuesday

Soybeans are showing 9 to 11 cent losses early on Tuesday trade. Futures saw gains at the Monday close despite the early weakness, with contracts up 2 1/2 to 5 3/4 cents at the final bell. Open interest was up 4,738 contracts. The cmdtyView national average Cash Bean price was up 6 3/4 cents at $10.66 1/4. Soymeal futures were up 70 cents to $1 at the close, with Soy Oil futures mostly 14 to 44 points lower, as July was up 9 points. Crude oil was down $3.72 at the close after the US and Iran came to a…