Soybean futures rose 12-15¢ Monday morning, with some contracts 18-20¢ off overnight highs, following Friday's old-crop rally of roughly 16.75-21.5¢ (other contracts +5-12.5¢). The moves indicate renewed bullish momentum in the soybean complex and could influence nearby cash markets and futures spreads.
Soybean futures rose 12-15¢ Monday morning, with some contracts 18-20¢ off overnight highs, following Friday's old-crop rally of roughly 16.75-21.5¢ (other contracts +5-12.5¢). The moves indicate renewed bullish momentum in the soybean complex and could influence nearby cash markets and futures spreads.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.30
