Soybeans (P) Futures PricesWed, Apr 1st, 2015
Latest Brugler Soybeans (P) Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Soybean futures are currently 3 to 4 cents higher after a see saw session on Thursday which ended about a nickel higher. Open interest was up on the two sided trade. The USDA survey found 84.635 million intended against a trade average guess of 85.934 million. The trade has fairly consistently over estimated the March Intentions. The average soybean stocks estimate was near 1.35 billion bushels and a little larger than the USDA figure at 1.334 billion. That was still a bit of a jump from the 994 million bushels in inventory one year ago.
InsideFutures Grains News