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Soybeans Pulling Off Early Lows as Monday Announcement Calms Selling
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Soybean futures rebounded nearly 20 cents from early-session lows but nearby contracts remained down 0.5 cent to 1 cent. The national average cash soybean price rose 1 cent to $12.61, while soymeal futures fell $1.30-$1.60 and soy oil gained 12-14 cents. The divergent moves across the soy complex indicate mixed intraday commodity-market positioning.
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