Front-month soybean futures rose 4–6 cents, with the new-crop contract leading at +12 cents midday. The cmdtyView national average cash bean price climbed about $0.05 to $10.87 3/4 and the new-crop soy/corn ratio has slipped toward 2.33, a technical shift that is supporting the near-term bullish tone in the complex.
Front-month soybean futures rose 4–6 cents, with the new-crop contract leading at +12 cents midday. The cmdtyView national average cash bean price climbed about $0.05 to $10.87 3/4 and the new-crop soy/corn ratio has slipped toward 2.33, a technical shift that is supporting the near-term bullish tone in the complex.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
