Soybeans Rise in Friday's Close Amid Mixed Market Movements
Soybeans closed higher on Friday, with prices rising across the board, though some contracts saw weekly declines. The national average cash bean price increased to $11.02, while soy oil futures fell due to a drop in crude oil prices. The CFTC data showed a reduction in managed money's net long position in soybean futures.
Topics: CFTC Data Commodity Prices Crude Oil Impact Export Sales Market Trends Soybeans