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Barchart
Barchart
Austin Schroeder

DARK SECRETS: Soybean rally into wednesday s close - The Real Truth

CmdtyView Oil

Soybeans got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 9 1/4 cents higher at $10.08 3/4. Soymeal futures are $3.40 to $3.70 higher, with Soy Oil futures 10 to 13 points lower.

Meal garnered strength with Argentina’s weather forecasts on the drier side heading into some key parts of the growing season. 

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