« Return to Headlines

Soybeans Hold Gains on Friday
BRUG - Fri Sep 13, 5:03PM CDT

Soybeans futures saw 1 to 3 1/4 cent gains on Friday, with Nov 4.78% higher this week. Soybean meal was $2.10/ton higher, with soy oil 8 points lower. USDA reported a private export sale of 204,000 MT of soybeans to China for 2019/20 delivery. That was likely part of the 600,000 MT that was rumored on Thursday. Chinese officials stated that soybeans are on the list of US goods that are being exempt from additional tariffs. Analysts expect Monday’s NOPA report to show August crush of its members at 162.018 mbu, which would be nearly 2% larger than August 2018. On Thursday, USDA added back 20 mbu to the US crush projection for 2018/19, as well as adding another 45 mbu to the export number. WAOB also raised the cash average farm price by a dime to $8.50.

SEP 19 Soybeans closed at $8.84 3/4, up 1 3/4 cents,

NOV 19 Soybeans closed at $8.98 3/4, up 3 1/4 cents,

JAN 20 Soybeans closed at $9.12 1/4, up 3 1/4 cents,

MAR 20 Soybeans closed at $9.24, up 2 3/4 cents,

SEP 19 Soybean Meal closed at $298.20, up $2.10,

SEP 19 Soybean Oil closed at $28.94, down $0.08

-- provided by Brugler Marketing & Management

« Return to Headlines

Not logged in - Login
Get real-time data

Font size:   A   A   A   A   •   Refresh:   On   Off

Last Update: 23:19:23 CST

Visit Our Main Website

Mailing Address
4808 F Avenue Marcus, IA 51035