Soybeans Trade Lower on Monday

Hans SchmitGrains

SOYBEANS– Today’s crush report showed 6.55 mmt or 218 mb of soybeans crushed in April. The pre-report estimate for soybean crush was 214.7 mb. Friday’s COT report showed funds selling 18k contracts. Managed money still has a 180k net long position. Soybeans remain overvalued, but that does not mean they have to break. July ’26 Soybeans (ZSN26) settled at 1181.25 …

WRT World Agricultural Supply and Demand June 1

Hans SchmitGeneral Commentary

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