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Market Impact: 0.25

Soybeans Posting Early Wednesday Strength

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesEnergy Markets & PricesMarket Technicals & Flows

Soybean futures moved higher Tuesday, gaining 11.5–14 cents across the curve, with Wednesday trading up a further 4–6 cents. The cash bean price rose 13.25 cents to $12.01 at the cmdtyView national average, while soymeal futures were steady and open interest edged down by 1,719 contracts, suggesting modestly supportive but not strongly trend-confirming demand.

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