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Soybeans Show Early Monday Strength

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Soybeans are up 1 to 3 cents in Monday morning trade after Friday's session closed steady to 4 cents higher. May soybeans ended the week down 3.5 cents and November down 0.75 cent, while open interest fell 16,336 contracts, indicating some position adjustment rather than a major fundamental shift.

Analysis

Soybeans are up 1 to 3 cents in Monday morning trade after Friday's session closed steady to 4 cents higher. May soybeans ended the week down 3.5 cents and November down 0.75 cent, while open interest fell 16,336 contracts, indicating some position adjustment rather than a major fundamental shift.

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