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Soybeans Recover Higher on Friday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Soybeans closed 10 to 17 1/4 cents higher on Friday, with July up 4 3/4 cents on the week and November up 6 3/4 cents. The cmdtyView national average cash bean price also rose 15 3/4 cents to $11.40. The move reflects firmer trade in soybean futures and cash markets, but the article provides no catalyst beyond price action.

Analysis

Soybeans closed 10 to 17 1/4 cents higher on Friday, with July up 4 3/4 cents on the week and November up 6 3/4 cents. The cmdtyView national average cash bean price also rose 15 3/4 cents to $11.40. The move reflects firmer trade in soybean futures and cash markets, but the article provides no catalyst beyond price action.

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