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“Prices were mixed across the complex today. Beans were steady to $.03 higher with spot July the upside leader. Meal rebounded $2-$3 per ton while oil backed up 45-55 points in volatile trade. Bean and meal spreads were firmer, while oil spreads weakened,” according to Mark Soderberg with ADM Investor Services. “July-25 beans have traded below both its 50- and 100-day MA’s, but held support above this month’s low at $10.36 ½. July-25 meal has been stuck between $290-$300 a ton for 5 weeks now.”





