Soybeans Starting the New Week with Weaker Trade

Soybeans are down 1 to 3 cents Monday morning after closing Friday up 1/2 to 4 3/4 cents, though March still finished the week down 8 1/2 cents. Open interest fell 15,876 contracts on Friday, led by May and July, indicating some long liquidation or position reduction. The update is largely a routine commodity futures and positioning note with limited immediate price impact.

Analysis

Soybeans are down 1 to 3 cents Monday morning after closing Friday up 1/2 to 4 3/4 cents, though March still finished the week down 8 1/2 cents. Open interest fell 15,876 contracts on Friday, led by May and July, indicating some long liquidation or position reduction. The update is largely a routine commodity futures and positioning note with limited immediate price impact.