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Market Overview

Soybeans Little Higher

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July Soybeans are trading at 943 3/4, up 6 cents and November Soybeans are trading at 912, up 7 1/4 cents. July Soymeal is trading at 312.5, down 0.7 and July Soybean Oil is trading at 32.99, up 0.30. On Monday the USDA reported that weekly soybean export inspections were 226,614 tonnes. The monthly NOPA crush came out at 148.41 million tonnes. Soybean Oil stocks were 1.578 billion pounds. India imported 1.37 million tonnes of vegetable oil during May, imports for the year are a little under 8 million tonnes versus 6.2 million a year ago.

 

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Posted-In: soy soybeans soymealFutures Commodities Markets

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