Soybeans Turn Higher into Thursday’s Close, Spurred by Chinese Rumors

Soybeans firmed late Thursday, with front-month contracts settling near highs—up 1 to 5 ¾ cents—and closing 6 to 9 cents above the session lows. The cmdtyView national average cash bean price rose 3 cents to $11.32, while soymeal futures were also firmer (up 20 cents to ... as reported).

Analysis

Soybeans firmed late Thursday, with front-month contracts settling near highs—up 1 to 5 ¾ cents—and closing 6 to 9 cents above the session lows. The cmdtyView national average cash bean price rose 3 cents to $11.32, while soymeal futures were also firmer (up 20 cents to ... as reported).