Soybean futures are up 3 to 4 cents Friday morning after bouncing off early Thursday lows, while old-crop contracts finished Thursday down 1/4 to 1 1/2 cents and new-crop contracts rose 1 3/4 to 3 cents. The move appears to be modest technical price action rather than a new fundamental catalyst, with open interest rising. Overall tone is firm but limited in scope.
Soybean futures are up 3 to 4 cents Friday morning after bouncing off early Thursday lows, while old-crop contracts finished Thursday down 1/4 to 1 1/2 cents and new-crop contracts rose 1 3/4 to 3 cents. The move appears to be modest technical price action rather than a new fundamental catalyst, with open interest rising. Overall tone is firm but limited in scope.
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Request DemoOverall Sentiment
neutral
Sentiment Score
0.12
