News

Soybeans closed higher with the market focused on US weather conditions and oil support

Updated Aug 18, 2023
Soybean futures contracts on the CBOT closed higher again. The main maturities recorded gains of 6.50 to 7 cents, with November/23 quoted at US$ 13.30 (+ 0.49%) and January/24 at US$ 13.40¾ (+ 0.52%) the bushel. Soybean meal futures on the CBOT closed lower.
LIBRARY TV SNA SUBSCRIBE Photo: Vecteezy.com Soybean futures contracts on the CBOT closed higher again. The main maturities recorded gains of 6.50 to 7 cents, with November/23 quoted at US$ 13.30 (+ 0.49%) and January/24 at US$ 13.40 (+ 0.52%) the bushel. Soybean meal futures on the CBOT closed lower. The main maturities fell from US$ 1.90 to US$ 4.90, with September quoted at US$ 399.60 (-1.21%) and December at US$ 380.70 (-0. 50%), the short ton. September at the low of the day (US$ 397.20), recorded the lowest price since July 10th and December at the low of the day (US$ 379.00), recorded the lowest price since June 29th. September and December recorded a drop of 3.71% and 3.30%, respectively, in the last five sessions. Soybean oil closed higher for the fourth consecutive session, with December registering a gain of 1.54%. At the high of the day (64.18), December registered the highest quotation since July 26th. December registers in the last five sessions an increase of 5.46%. ...
Source
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.