Soybeans Heading into the Long Weekend with Mixed Trade

Soybeans rose modestly 1–3 cents in the front months, while the near crop was down 1–2 cents. July saw 30 deliveries overnight, and the cmdtyView national cash bean price added 2 cents to $10.87 1/4. Soymeal futures were steady to $1.20 higher, indicating firm-but-limited support rather than a major repricing.

Analysis

Soybeans rose modestly 1–3 cents in the front months, while the near crop was down 1–2 cents. July saw 30 deliveries overnight, and the cmdtyView national cash bean price added 2 cents to $10.87 1/4. Soymeal futures were steady to $1.20 higher, indicating firm-but-limited support rather than a major repricing.