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“Prices were higher across the complex with beans up $.10-$.13, meal was steady to $1 higher while oil finished up just over $.01 ½ per lb. Bean and meal spreads firmed while oil spreads were mixed. May-26 beans were up $.12 closing about midrange and below this week’s high of $12.33 ¾. May-26 meal rejected early trade below its 100-day MA at $312.10. Although May-26 oil was up $.01 ½ lb. it closed in the lower half of the day’s range,” reported Mark Soderberg with ADM Investor Services.





