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Soybeans Close Mixed on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Soybeans closed Thursday down 3/4 to 3 1/4 cents in the front months, while deferred new-crop contracts were fractionally to 2 cents higher. The cmdtyView national average cash bean price fell 3 cents to $10.98, and soymeal futures declined $1.70 to $4.10, signaling modest weakness across the soy complex.

Analysis

Soybeans closed Thursday down 3/4 to 3 1/4 cents in the front months, while deferred new-crop contracts were fractionally to 2 cents higher. The cmdtyView national average cash bean price fell 3 cents to $10.98, and soymeal futures declined $1.70 to $4.10, signaling modest weakness across the soy complex.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15