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Market Impact: 0.15

Soybeans Posting Friday AM Gains

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Soybeans traded 2.0 to 4.5 cents higher on Friday morning, following front-month futures gains of 1.75 to 5.5 cents on Thursday. Preliminary open interest rose by 6,257 contracts and the cmdtyView national average cash bean price increased 2.25 cents to $11.00, indicating modest bullish momentum and slightly higher cash market levels.

Analysis

Soybeans traded 2.0 to 4.5 cents higher on Friday morning, following front-month futures gains of 1.75 to 5.5 cents on Thursday. Preliminary open interest rose by 6,257 contracts and the cmdtyView national average cash bean price increased 2.25 cents to $11.00, indicating modest bullish momentum and slightly higher cash market levels.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15