Soybeans Futures PricesMon, Apr 21st, 2014
Latest Brugler Soybeans Report
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Soybean futures saw some profit taking ahead of the long weekend, losing 1 1/2 to 6 1/2 cents in the old crop contracts. November was 2 cents higher. Traders were expecting USDA weekly export sales to be 150,000-350,000 MT. USDA put the actual figure at 419,900 MT (including 400,700 MT for 14/15). Total US commitments as a % of total exports are now at 104% which compares to 101% last year and the 5 year average of 95%.
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