Soybeans (P) Futures PricesWed, May 27th, 2015
Latest Brugler Soybeans (P) Report
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Soybean futures closed steady to 4 1/2 cents higher, with nearby July the firmest. The meal/oil spread revered Tuesday action, with nearby meal up $6.20/ton and soy oil down 41 points. July beans hit $9.205 on Tuesday; the lowest price for a front month contract since October 13. The next export sales report will be issued on Friday morning this week (rather than tomorrow) due to the holiday-shortened week. September soybean futures on the Dalian Exchange were 8 cents higher on the session, settling at the US Dollar equivalent of $19.41; a 38 cent discount to the January contract.
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