Soybeans Start the Post-Holiday Weekend with Sharply Higher Trade

Soybeans are up 28 to 35 cents early Monday, but futures finished lower last week with front-month losses of ½ to 5 ½ cents. Back months also declined, down 1 ½ to 4 ¼ cents. August only slipped by a tick on the week, while November was down 8 cents, pointing to uneven momentum across the curve.

Analysis

Soybeans are up 28 to 35 cents early Monday, but futures finished lower last week with front-month losses of ½ to 5 ½ cents. Back months also declined, down 1 ½ to 4 ¼ cents. August only slipped by a tick on the week, while November was down 8 cents, pointing to uneven momentum across the curve.