Soybeans slipped back 1 to 7 cents in early Tuesday trade after a strong Monday rally. Monday saw soybean futures rise 20 to 23 1/4 cents on the front of the move, with other contracts up 10 3/4 to 18 1/4 cents. Preliminary open interest increased by 14,871 contracts on Monday, signaling fresh positioning despite the early pullback.
Soybeans slipped back 1 to 7 cents in early Tuesday trade after a strong Monday rally. Monday saw soybean futures rise 20 to 23 1/4 cents on the front of the move, with other contracts up 10 3/4 to 18 1/4 cents. Preliminary open interest increased by 14,871 contracts on Monday, signaling fresh positioning despite the early pullback.
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mildly negative
Sentiment Score
-0.15
Ticker Sentiment