Soybeans are 3 to 8 cents higher Monday morning after Friday's session closed with gains of 5 3/4 to 12 3/4 cents. May soybeans were up 24 cents last week and November rose 27 cents, while preliminary open interest pointed to new buying interest. The move is supportive for soybean futures but is routine commodity price action rather than a broader market catalyst.
Soybeans are 3 to 8 cents higher Monday morning after Friday's session closed with gains of 5 3/4 to 12 3/4 cents. May soybeans were up 24 cents last week and November rose 27 cents, while preliminary open interest pointed to new buying interest. The move is supportive for soybean futures but is routine commodity price action rather than a broader market catalyst.
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mildly positive
Sentiment Score
0.20
