Soybeans On The Rise

Soybean futures traded at the CBOT opened 10 ½ cents a bushel higher today fueled by strong speculative buying. Going into the weekend and following heavy overnight trading, concerns over hot, dry conditions in Argentina have made shorts in the market reconsider their positions. Forecasts for the region continue to be dry and warm for the upcoming week, which is expected to deplete soil moisture for developing soybeans. Read More....