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Market Impact: 0.25

Soybeans Trading with Slight Tuesday Morning Strength

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Soybean futures are up 35 to 50.5 cents across the front months on Monday, with defereds gaining 23 to 32 cents, and Tuesday trading showing additional strength of 1–2 cents. New buying interest coincided with open interest rising 45,619 contracts. The article also notes 26 deliveries issued, consistent with active physical turnover.

Analysis

Soybean futures are up 35 to 50.5 cents across the front months on Monday, with defereds gaining 23 to 32 cents, and Tuesday trading showing additional strength of 1–2 cents. New buying interest coincided with open interest rising 45,619 contracts. The article also notes 26 deliveries issued, consistent with active physical turnover.

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Market Sentiment

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mildly positive

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0.15

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