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Soybeans Move Up

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August Soybeans are trading at 1011 3.4, up 15 cents and November Soybeans are trading at 1002 3/4 up 14 1/2 cents. August Soymeal is trading at 348.3 up 4.5 and August Soybean Oil is trading at 32.08, up 0.39. The USDA is due to report weekly soybean export sales today the estimates are for 325,000 tonnes. Soymeal sales are expected to be near 100,000 tonnes. The USDA will release its monthly crop production report on Friday July 10th at 12:00 PM ET. Market chatter about U.S. weather, currency values and global financial headline news has kept trading active. Trading is expected to be very choppy.

 

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Posted-In: soybeans soymealFutures Commodities Markets

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