Soybeans are trading 3-4 cents higher Thursday morning after futures closed Wednesday steady to +3.75 cents, with strength attributed to soybean meal. Open interest shifted as the Goldman roll began: May OI fell by 18,217 contracts while July OI rose by 19,402 contracts. The moves suggest modest near-term bullish support and a routine contract migration into the July delivery period.
Soybeans are trading 3-4 cents higher Thursday morning after futures closed Wednesday steady to +3.75 cents, with strength attributed to soybean meal. Open interest shifted as the Goldman roll began: May OI fell by 18,217 contracts while July OI rose by 19,402 contracts. The moves suggest modest near-term bullish support and a routine contract migration into the July delivery period.
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mildly positive
Sentiment Score
0.08
Ticker Sentiment
