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Market Impact: 0.32

Soybeans Break to New Highs on Thursday’s Rally

Source: Nasdaq

Commodities & Raw MaterialsCommodity Futures

Soybean futures rallied 13 to 22 cents across most contracts on Thursday, while the national average cash soybean price rose 22.5 cents to $12.74½. Soymeal futures gained $2.30 to $5.50 and soy oil advanced 102 to 135 points, signaling broad strength across the soy complex. The article references a USDA report but does not provide its underlying figures.

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