Soybeans Rise in Early Trading on Wednesday
Soybeans started Wednesday with gains of 4 to 5 cents, following a mixed performance on Tuesday. The market saw a decline in open interest for May contracts but an increase in other contracts, while soymeal prices fell and soy oil prices rose. Crush margins reached record highs, and U.S. soybean planting progress was ahead of average.
Topics: Commodity Prices Crop Progress Market Analysis Soybeans