Soybeans are trading 12 to 17 cents higher across most contracts, with the cmdtyView national average cash bean price up 13 1/4 cents to $10.72 1/2. Soymeal futures are also firmer by $2.40 to $2.70 nearby, while soy oil is up 55 to 70 points. The move appears tied to weather/prep conditions heading into the growing period, supporting a modestly bullish tone for grain markets.
Soybeans are trading 12 to 17 cents higher across most contracts, with the cmdtyView national average cash bean price up 13 1/4 cents to $10.72 1/2. Soymeal futures are also firmer by $2.40 to $2.70 nearby, while soy oil is up 55 to 70 points. The move appears tied to weather/prep conditions heading into the growing period, supporting a modestly bullish tone for grain markets.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
