Soybeans Futures PricesFri, Mar 27th, 2015
Latest Brugler Soybeans Report
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Soybean futures closed down 6-7 cents today, as products continued to fall. On the week, however, the soybean loss is under 4 cents. May meal was down another $1, bringing its weekly loss to $1.60, and oil is off 57 cents, though the weekly loss is a modest 1 cent. The CFTC report tonight still shows a net short position of almost 39,000 on the part of managed money after they reduced it by 844 contracts for the week. Argentine soybean harvest is 4% completed.
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