Soybeans are in rally mode, with contracts 10 to 12 cents greater up to now. The cmdtyView nationwide common Money Bean value is up 11 cents at $10.91 1/4. Soymeal futures are $2.70 to $3.30 excessive on the day, with Soy Oil futures up 100 to 110 factors.
NOPA information from this morning confirmed March crush amongst members at 226.16 mbu, a document for the month however shy of estimates. That was up 8.32% from February and 16.25% above the March 2025. Soybean oil shares have been down 1.97% from the tip of Feb at 2.04 billion lbs, which was nonetheless 36.11% above the identical month final yr.
Might 26 Soybeans  are at $11.68 3/4, up 10 3/4 cents,
Close by Money  is at $11.02 1/2, up 11 cents,
Jul 26 Soybeans  are at $11.84 1/4, up 11 1/2 cents,
Nov 26 Soybeans  are at $11.55 1/2, up 11 1/2 cents,
New Crop Money  is at $10.94 3/4, up 11 3/4 cents,
On the date of publication, Austin Schroeder didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions. This text was initially printed on Barchart.com
