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Market Impact: 0.15

Soybeans On the Higher Side to Kick Off Tuesday Trade

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsEnergy Markets & PricesInvestor Sentiment & Positioning

Open interest fell by 4,779 contracts on Monday, concentrated in old-crop soybean contracts. Soybean futures lost 4-5 cents in front months on Monday but are trading fractional to +2 cents early Tuesday, pulling back from overnight highs after weakness in crude oil.

Analysis

Open interest fell by 4,779 contracts on Monday, concentrated in old-crop soybean contracts. Soybean futures lost 4-5 cents in front months on Monday but are trading fractional to +2 cents early Tuesday, pulling back from overnight highs after weakness in crude oil.

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Market Sentiment

Overall Sentiment

mixed

Sentiment Score

-0.05