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Soybeans Close with Mixed Trade on Thursday

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCommodities & Raw Materials

Soybeans finished mixed, with old-crop contracts down 0.25 to 1.5 cents and new-crop contracts up 1.75 to 3 cents. The cmdtyView national average cash bean price fell 2.25 cents to $11.23 1/4. The action suggests a modest session reversal from early lows rather than a major fundamental shift.

Analysis

Soybeans finished mixed, with old-crop contracts down 0.25 to 1.5 cents and new-crop contracts up 1.75 to 3 cents. The cmdtyView national average cash bean price fell 2.25 cents to $11.23 1/4. The action suggests a modest session reversal from early lows rather than a major fundamental shift.

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