Soybeans Pit Nov '17 (SX17)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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-41-2 (-4.12%)since 10/13/17
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+20-6 (+2.21%)since 08/14/17
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-22-2 (-2.27%)since 11/14/16
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Soybean futures saw losses of 4 to 8 cents in most contracts to start the week on Monday. Soy meal was down $2.30/ton, with front month soy oil 26 points lower. USDA export inspections for soybeans in the week that ended on April 19 were 470,817 MT. That was slightly higher than a week ago but is still 27.33% lower than this week in 2017. Shipments for soybeans YTD are at 42.82 MMT, 12.5% lower than the same time in 2017. This afternoon, the USDA showed that 2% of the US soybean crop was planted as of Sunday. That is even with the average pace, but lags last year’s 5%.May 18 Soybeans closed at $10.20 3/4, down 8 cents,Jul 18 Soybeans closed at $10.32 1/4, down 8 cents,Aug 18 Soybeans closed at $10.34 1/2, down 7 1/2 cents,Nov 18 Soybeans closed at $10.28 1/4, down 6 3/4 cents,May 18 Soybean Meal closed at $371.80, down $2.30,May 18 Soybean Oil closed at $31.04, down $0.26
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