Soybeans (P) Futures PricesTue, Mar 11th, 2014
Latest Brugler Soybeans (P) Report
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Soybean futures closed 7 cents lower to 13 cents higher. Old crop prices lost, and new crop prices gained. The Nov 14 contract displayed the most strength and was up 13 cents. The Mar 14 contract traded as high as $14.30 but closed on the lows at $14.11. The Mar 14 meal contract finished just south of unchanged at $452.30. USDA estimated 2013/14 world ending stocks figure at 70.46 MMT, which was lower than the average trade guess of 71.46 MMT and also lower than the Feb figure of 73.01 MMT.
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