Soybean futures opened Monday with modest gains of 5 to 7 cents after Friday’s session ended mostly higher in deferreds by up to 16 3/4 cents. The week closed stronger with September up 55 1/2 cents and November up 43 cents, while open interest increased by 9,921 contracts, suggesting fresh participation rather than a purely technical bounce.
Soybean futures opened Monday with modest gains of 5 to 7 cents after Friday’s session ended mostly higher in deferreds by up to 16 3/4 cents. The week closed stronger with September up 55 1/2 cents and November up 43 cents, while open interest increased by 9,921 contracts, suggesting fresh participation rather than a purely technical bounce.
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mildly positive
Sentiment Score
0.25
