Soybeans Slipping Back as Ratings Remain Steady

Soybean futures trading activity reflected mixed momentum in recent sessions. Contracts moved lower during the current period, trading 4 to 5 cents down, following Monday’s gains when futures closed higher by 5 to 9 3/4 cents. Open interest expanded by 12,998 contracts, suggesting ongoing market engagement.
The cmdtyView national average cash bean price rose 7 3/4 cents to $12.44 1/4. Related soybean products showed strength, with soybean meal futures up 40 cents closing at $3.40, and soy