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“While spreads were mixed across the complex, several meal spreads did make new lows today. July beans traded to a new monthly high however stalled below the May high at $10.82 before setting back,” Soderberg said. “Nov-25 stalled below its Feb. high at $10.75 ¾ before pulling back. July bean oil traded to a fresh 20 month high in early trade. New contract lows for July meal with next support at $278.50.”
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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 mixed with beans steady to $.05 lower while both meal and oil were little changed. Oil spreads weakened; meal spreads firmed whil…
“Soybean futures are edging higher this morning, with May soybeans up 3-1/4 cents at $11.63 and November soybeans 1-1/2 cents higher at $11.56…
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…
“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…
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