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Barchart
Barchart
Austin Schroeder

Soybeans Posting Marginal Monday Gains

Soybeans are showing 3 to 6 cent gains at Monday’s midday. The cmdtyView national average Cash Bean price is up 3 3/4 cents at $10.90 1/4. Soymeal futures are down $1.50 to $2, with Soy Oil futures up 7 to 10 points.

Early on Monday morning, President Trump put out a Truth Social post ordering the military to postpone strikes against Iranian power plants and energy infrastructure for 5 days after weekend tales were “good and productive.” Iran state media responded stating there was no direct or indirect contact with the President. Oil is down $9.03 at midday.

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