In-Depth Analysis of the Latest Soybean Market Performance
Monday, 11 March 2024, 18:49
Midday Update on Soybean Market
The midday market report presents a snapshot of the current trends in the soybean market, emphasizing the mixed performance of old crop and new crop prices.
Key Highlights:
- Old crop prices down by a fraction to 4 ½ cents
- New crop prices steady, with an increase of up to 1 ½ cents
- Soymeal futures experience a significant 1% decrease, resulting in $4/ton losses
- Soy Oil futures show a positive trend, gaining 38 points
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.