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Soybeans Fading Lower on Monday AM Trade

Source: Nasdaq

Commodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Soybean futures are opening the week with 4–5 cent losses after weekend trade. Despite that, Friday saw 14–20 cent gains across most contracts, and September climbed 51 1/4 cents on the week (with November up 48 1/2 cents). Open interest rose by 15,047 contracts on Friday, indicating fresh positioning despite the slight early weakness.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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