Soybeans gained 4 ¾ to 10 ¼ cents across the front months, led by new-crop strength as the new-crop soy/corn ratio climbed toward ~2.33. The cmdtyView national average cash bean price rose about $0.05 to $10.87 3/4, while soymeal futures were $4.00 to $10.00 higher, indicating modest bullishness in the soybean complex.
Soybeans gained 4 ¾ to 10 ¼ cents across the front months, led by new-crop strength as the new-crop soy/corn ratio climbed toward ~2.33. The cmdtyView national average cash bean price rose about $0.05 to $10.87 3/4, while soymeal futures were $4.00 to $10.00 higher, indicating modest bullishness in the soybean complex.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
