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Soybeans Posting Mixed Action on Wednesday

Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesMarket Technicals & Flows

Soybeans are mixed midday: front-month contracts are up 1 to 5.5 cents while new-crop contracts are down 3 to 5 cents. The cmdtyView national average Cash Bean price is up 1.75 cents to $11.48 1/2, suggesting near-term supply/demand balance remains divided by crop year.

Analysis

Soybeans are mixed midday: front-month contracts are up 1 to 5.5 cents while new-crop contracts are down 3 to 5 cents. The cmdtyView national average Cash Bean price is up 1.75 cents to $11.48 1/2, suggesting near-term supply/demand balance remains divided by crop year.

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