Soy Complex sends some new heights, but closes down on Friday

Soybean market is 5 ¼-7 ½ low, Friday, after hitting the highest front month prices since the mid-May early May. CMDTYView The National Medium Cash Beans price is 10.20 at $ 3/4 level 5 3/4 kopecks. Sooners were reduced to the last weekend in favor of holding cash, and the modest day was reduced to 20 to 90 kopecks. Soya oil near soybean oil, this morning has hit the highest price for the contract since 2023, but the futures closed 30 to 37 points. July options ended in all three commodities.

There are some powerful rains to the next week, in the south-east corner or SD, MN, Wi, and up to MN, MN, and 4, which are up to several. Southern plains, Mo and Eastern Corn belt looks small. The coverage will not be a unit, but as an example that looks 20-40% of the bet on OMAHA. Most of the most part of the corn pipeline are expected, looking for 7-15 ° ECB in ECB within 5-10 days. Those who are above 100 degrees Fund are seen in the plains and WCB this weekend, but will be moderate in the early week.

This morning’s export sales report, 202/25, 6 and 400,000 MT trading expectations, soy sales in 6/12 weeks in 6/12 weeks, soy sales, 539,511 MT. This is a 14-week high and 8.3% high in 2024. The sale of new products was at the middle of 75,151 mt, in the middle of 0 and 200,000 MT and 5 weeks.

Last week, soy sales were a negative negative worth 150,281 mt for the current marketing year, 150,281 mt for the current marketing year, 150,30281 mt, 150,000-450,000 mt soybean oil sales.

China Soybean imports in May, 12.11 MMT from Brazil, according to the country’s customs information. Imports from the United States were 11.7% higher and up to 1.63 MMT, 11.7%.

Jul 25 soy, 6 3/4 cents, $ 10.68,

Nearby money 10.20 3/4, 5 3/4 cents,

August 25 Soybeans $ 10.71, 5 1/4 cents,

November 25 Soybeans 10.60 $ 3/4, 7 1/2 cents,

New product cash 10.07 $ 1/4, 7 1/4 cents,

On the day, Austin Schroeder did not have any positions (either direct or indirect) in this article. All information and information in this article are for informational purposes only. This article was originally published Barchart.com