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Market Impact: 0.22

Soybeans Rallying 40+ Cents on Monday

Commodities & Raw MaterialsMarket Technicals & Flows

Soybeans are firmer in the front months, up 43 to 49 cents as of Monday midday, with the cash Bean price rising 43 1/4 cents to $11.32 3/4. Delivery activity remains light, with just 1 delivery issued against July futures and none for July meal or bean oil. Overall, the move suggests modest bullishness but limited near-term supply signal.

Analysis

Soybeans are firmer in the front months, up 43 to 49 cents as of Monday midday, with the cash Bean price rising 43 1/4 cents to $11.32 3/4. Delivery activity remains light, with just 1 delivery issued against July futures and none for July meal or bean oil. Overall, the move suggests modest bullishness but limited near-term supply signal.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

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