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Market Impact: 0.22

Soybeans Posting Early Thursday Gains

Commodities & Raw MaterialsMarket Technicals & FlowsCommodity Futures

Soybeans are up 3–5 cents Thursday morning, with futures higher by 7.5–11 cents versus the Wednesday close. Open interest rose by 3,344 contracts, indicating modest new buying interest. The cmdtyView national average cash bean price increased 8.75 cents to $11.55 1/2.

Analysis

Soybeans are up 3–5 cents Thursday morning, with futures higher by 7.5–11 cents versus the Wednesday close. Open interest rose by 3,344 contracts, indicating modest new buying interest. The cmdtyView national average cash bean price increased 8.75 cents to $11.55 1/2.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15