Soybeans Futures PricesThu, Dec 5th, 2013
Open Interest is for the previous day's trading session.
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Soybeans futures closed a penny lower to a penny higher. The Jan 14 contract traded as low as $13.16 before finding firm support and closing well off the lows at $13.28. Export sales reported for the previous week were not as strong as in recent weeks. This morning, private exporters reported to the USDA a sale of 111,000 MT of Soybeans sold to China for 2014/15 delivery. Total commitments as a % of total exports are now at 95% which compares to the previous year’s figure of 78% and the 5 year average of 69%. The DTN National Cash Soybean Index was up 9 cents from the previous day at $12.92.
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