Market Overview

Soybeans Little Changed

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USDA Weekly export sales for soybeans were 538,800 tons. Market talk that large Southern Hemisphere production is coming to market over the next month has kept sellers active during recent trading sessions. Possible weather and planting issues and a little weaker dollar kept buyers active. Market talk of better domestic demand for soymeal at current price levels has been supportive.

Soybean futures are little changed Friday morning. May Soybeans are trading at 963 3/4, down 2 1/4 cents. May Soybean Oil is trading at 31.67, down 0.09. May Soymeal is trading at 312.0, down 0.4.

Posted-In: soybeansFutures Commodities Markets

 

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