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Barchart
Barchart
Austin Schroeder

Soybeans Starting Thursday with Gains

Soybeans are trading with 7 to 9 cent gains so far on Thursday morning. Futures saw late Wednesday weakness, with contracts closing 1 ¼ lower to 1 ¾ cents higher. Open interest was up 5,036 contracts. The cmdtyView national average Cash Bean price was down 1 1/4 cents at $11.27. Soymeal futures were up 20 cents to $2.30, with Soy Oil futures 4 to 90 points higher on Wednesday.

Export Sales data will be out on Friday, due to the Monday holiday.

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