Soybeans Close Mixed on Monday with New Crop Strength

Soybeans finished weaker in front-month contracts, down 3/4 to 1 1/2 cents, while deferreds gained 1/2 to 2 1/4 cents. The cmdtyView national average Cash Bean price fell 3/4 cent to $11.01 1/4, and soymeal futures declined $2.40 to $6.70 on the day. The move reflects modest pressure in agricultural commodity pricing rather than a major market catalyst.

Analysis

Soybeans finished weaker in front-month contracts, down 3/4 to 1 1/2 cents, while deferreds gained 1/2 to 2 1/4 cents. The cmdtyView national average Cash Bean price fell 3/4 cent to $11.01 1/4, and soymeal futures declined $2.40 to $6.70 on the day. The move reflects modest pressure in agricultural commodity pricing rather than a major market catalyst.