Market Overview

Soybeans Little Higher

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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 trading higher Friday at mid-session. May Soybeans are trading at 971, up 5 cents. May Soybean Oil is trading at 31.72, down 0.04. May Soymeal is trading at 315.1, up 2.6.

Chatter about large supplies from South America has kept sellers active on rallies.

Posted-In: soybeansFutures Commodities Markets

 

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