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Soybeans Popping Higher Out of the Long Weekend

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningDerivatives & Volatility

Soybeans futures rose 3.0–5.5 cents Monday morning, after most contracts lost 1.0–5.25 cents on Thursday; the May contract was up 4.25 cents for the week. Open interest increased by 6,464 contracts, indicating modest new positioning and liquidity flow in the market.

Analysis

Soybeans futures rose 3.0–5.5 cents Monday morning, after most contracts lost 1.0–5.25 cents on Thursday; the May contract was up 4.25 cents for the week. Open interest increased by 6,464 contracts, indicating modest new positioning and liquidity flow in the market.

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