Soybeans Rally, Cash Prices Jump
Update: 2026-01-06
Description
Soybeans surged at the start of the year, with futures closing higher by fifteen to eighteen cents. January contracts settled at ten dollars forty-seven and a quarter, up seventeen and three-quarters cents. Cash bean prices also rose, with the national average jumping seventeen and a quarter cents to nine dollars eighty-seven and a quarter. Export inspections showed a twenty-four point three percent increase from the prior week, but a twenty-six point seven percent decrease from last year. China led with three hundred ninety-seven thousand sixty-nine metric tons. Speculators reduced their net long position in soybeans, while StoneX increased their estimate for the 2025 Brazilian soybean crop. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
