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Soybeans Posting Midday Weakness

Commodity FuturesCommodities & Raw MaterialsFutures & OptionsInvestor Sentiment & Positioning

Soybeans are down 8 to 12 cents in the front months, with the cmdtyView national average cash bean price off 10 3/4 cents to $11.44 1/2. May soybean deliveries totaled 110 contracts overnight. Soymeal is mixed, down 60 cents to $2.20 higher, indicating a softer tone in the soybean complex.

Analysis

Soybeans are down 8 to 12 cents in the front months, with the cmdtyView national average cash bean price off 10 3/4 cents to $11.44 1/2. May soybean deliveries totaled 110 contracts overnight. Soymeal is mixed, down 60 cents to $2.20 higher, indicating a softer tone in the soybean complex.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25