Soybeans Square Up Heading into the Holiday Weekend

Soybeans finished the session with front-month losses of 0.5 to 5.5 cents and back months down 1.5 to 4.25 cents. August ended the week down just a tick, while November posted a sharper decline of 8.5 cents. The cmdtyView national average Cash Bean price was up, suggesting mixed demand/price signals despite futures weakness.

Analysis

Soybeans finished the session with front-month losses of 0.5 to 5.5 cents and back months down 1.5 to 4.25 cents. August ended the week down just a tick, while November posted a sharper decline of 8.5 cents. The cmdtyView national average Cash Bean price was up, suggesting mixed demand/price signals despite futures weakness.