Soybeans are trading 3 to 6 cents higher in Tuesday morning trade after slipping lower into the Monday close, with front-month contracts down 3/4 to 1 1/2 cents and deferreds up 1/2 to 2 1/4 cents. Open interest fell by 5,075 contracts on Monday, signaling some position lightening. The update is largely a routine price-and-flow read on the soybean futures market.
Soybeans are trading 3 to 6 cents higher in Tuesday morning trade after slipping lower into the Monday close, with front-month contracts down 3/4 to 1 1/2 cents and deferreds up 1/2 to 2 1/4 cents. Open interest fell by 5,075 contracts on Monday, signaling some position lightening. The update is largely a routine price-and-flow read on the soybean futures market.
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neutral
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