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Soybeans Hitting New High on Thursday Morning

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Soybeans are up 7 to 8½ cents Thursday morning as front-month futures saw buying following Wednesday’s gains of 11¾ to 16¼ cents in nearby contracts. Deferred contracts were also higher, up 7¾ to 9¾ cents, with prices rallying toward $12.38.

Analysis

Soybeans are up 7 to 8½ cents Thursday morning as front-month futures saw buying following Wednesday’s gains of 11¾ to 16¼ cents in nearby contracts. Deferred contracts were also higher, up 7¾ to 9¾ cents, with prices rallying toward $12.38.

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