Soybeans Futures PricesFri, Aug 22nd, 2014
Latest Brugler Soybeans Report
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Soybeans are currently trading 3 to 24 cents higher with September up nearly a quarter-dollar as the short squeeze in old crop beans and meal continues. Sept meal is $17.70 higher on the day. Flash flood warnings are in effect today for IL, IN and OH. USDA reported another 120,000 MT of export sales for 2014/15 to China this morning. The January15 soybean futures contract on the Dalian exchange closed at the US equivalent of $19.90, up about 26 cents on the session. It was as high as $20.58 as recently as August 14. Cash bean bids in Central Illinois were reported as much as 320 cents over the November contract on Thursday.
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