Soybeans are trading with 5 to 6 cent gains across most contracts on Tuesday. The cmdtyView national average Cash Bean price is down 5 cents at $10.74 1/4. Soymeal futures are up $1 to $2 in the front months, with. Soy Oil futures up 70 points.
ANEC estimates the Brazilian soybean exports at 10.69 MMT for February, down 0.77 MMT from the previous week.
Don’t Miss a Day:
From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.
EU import data from the European Commission estimates the country’s soybean import total from July 1 to Feb 22 at 8.11 MMT, down 1.02 MT from the same period last year.
Mar 26 Soybeans are at $11.39 1/4, up 5 cents,
Nearby Cash is at $10.74 1/4, up 5 cents,
May 26 Soybeans are at $11.55 1/4, up 5 1/2 cents,
Jul 26 Soybeans are at $11.68 3/4, up 5 1/4 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
