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Market Impact: 0.28

Soybean Gains Extending to Wednesday Morning

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Soybean futures gained 10-11 cents in front-month contracts on Tuesday and added another 6-7 cents in Wednesday morning trading, supported by strength in soybean meal. Open interest increased by 9,913 contracts, indicating net new buying, while the cmdtyView national average cash soybean price rose 14.5 cents.

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