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Soybean Bulls Rallying on Monday Ahead of US/China Meeting

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsInvestor Sentiment & Positioning

Soybean futures rallied 21 to 23.25 cents Monday as investors moved back into risk assets after the weekend. The cmdtyView national average cash soybean price rose 23.25 cents to $12.6825, while soymeal futures gained $8 to $10 and soy oil also advanced. The move signals broad strength across the soy complex, though the available report does not identify a specific fundamental catalyst.

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