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Market Impact: 0.25

Soybean Rallies Back on Monday After Chinese Details

Commodity FuturesFutures & OptionsTrade Policy & Supply ChainMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

Soybeans rose 19 3/4 to 36 cents across most contracts on Monday, with the cmdtyView national average cash bean price up 36 1/4 cents to $11.49. Soymeal futures also gained $2.10 to $5.20, reflecting firmer sentiment as additional U.S./China trade details emerged and bulls retraced part of last week’s losses.

Analysis

Soybeans rose 19 3/4 to 36 cents across most contracts on Monday, with the cmdtyView national average cash bean price up 36 1/4 cents to $11.49. Soymeal futures also gained $2.10 to $5.20, reflecting firmer sentiment as additional U.S./China trade details emerged and bulls retraced part of last week’s losses.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35