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“May soybean crush is seen at 193.8 million bushels, which would be 5.5% above May of last year and would be 1.9% higher than a month ago,” Total Farm Marketing said. “Oil stocks are expected to be lower than a year ago. Friday’s CFTC report saw funds buying 17,038 contracts of soybeans, which increased their net long position to 25,639 contracts.”
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The Hightower Report said, “Beans rallied to strong gains on the back of sharp strength in meal, which can be attributed to news reports out o…
“Prices were sharply mixed with beans up $.04-$.09, meal ranged from $1-$5 lower while oil surged late closing over $.01 ½ – $.02 higher. Bean…
“Soybean futures are trading higher this morning thanks to higher soy products,” Total Farm Marketing said. “May soybeans are up 4-1/4 cents t…
The Hightower Report said, “Minor gains to start the day in beans, boosted by strength in meal overnight but beans remain range-bound. There w…
“Prices turned lower at midday while making new lows in late trade. Soybeans finished down $.10-$.11, meal was $3-$5 lower while oil was down …
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