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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Soybeans post mixed monday action - You Need To See This

Soybeans closed mixed on Monday, with most front months steady to down 7 cents. Deferred contracts were fractional to 1 ¼ cents in the green The cmdtyView national average Cash Bean price was down 6 3/4 cents at $10.64 ¼. Soymeal futures were down $1.50 to 10 cents higher, with Soy Oil futures back up 67 to 146 points.

Crop Progress data from NASS showed 93% of the US soybean crop emerged by 6/21, up 3% from normal, with 9% emerged and 3 percentage points faster than normal. Condition ratings were steady at 66% gd/ex, with the Brugler500 index up 1 point to 369.

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