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Market Impact: 0.25

Soybeans Hold onto Monday Gains at the Close

Commodities & Raw MaterialsCommodity FuturesFutures & Options

Soybeans finished Monday up 4 to 5.5 cents, with the cmdtyView national average Cash Bean price rising a nickel to $11.50¾. Soymeal futures fell $3.20 to $6.30, while Soy Oil futures were higher by 148 to 236 points. USDA also reported a private export sale of 136,000 MT, adding incremental support to the complex.

Analysis

Soybeans finished Monday up 4 to 5.5 cents, with the cmdtyView national average Cash Bean price rising a nickel to $11.50¾. Soymeal futures fell $3.20 to $6.30, while Soy Oil futures were higher by 148 to 236 points. USDA also reported a private export sale of 136,000 MT, adding incremental support to the complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15