August soybean futures (ZSQ26) present a buying opportunity thanks to new price strength. See on the daily bar chart for August soybean futures that prices have fallen to the lower limit of a choppy trading range. My view is that technical support at the bottom of the trading range will hold and that bean prices…
Soybeans are trading with double-digit losses at midday, with contracts down between 10 and 11 cents. The market has now recaptured the entire Chinese soybean rally as futures filled in the gaps on the October chart this morning. cmdtyView’s national average Cash Bean price is one cent lower: $9.91 3/4. Soybean meal futures are down…
Soybeans are trading with losses between 5 and 7 cents on Monday at noon. cmdtyView’s national average Cash Bean price was 6 cents lower at $10.00 1/2. Soybean meal futures rose 90 cents to $1.20, and soybean oil futures were trading with gains of 68 points at midday. The USDA this morning reported a private…
Soybeans on Monday morning showed gains of between 3 and 5 cents in the first months. Futures posted gains of 7 to 9 cents in most contracts on Friday, helping push the weekly gain to 55 cents in November. Total open interest increased by 6,882 contracts on Friday, implying new buying. There were 207 deliveries…
By Naveen Thukral and she cao Chinese buyers of Singapore/Beijing (Reuters) have booked at least 10 soybeans in Argentina, three merchants told Reuters on Tuesday, taking advantage of the low prices to build inventories for the fourth quarter in the middle of Chinese commercial tensions -Stadunidenses. The agreements followed the Argentine movement on Monday to…
