Soybean contracts closed on Wednesday, June 14, 2023, with minor increases, as the cmdtyView Cash Bean price rose by ½ cent to $10.26 ½. Soymeal futures decreased between 10 and 30 cents per ton, while Soy Oil saw fluctuations ranging from a decrease of 2 to an increase of 11 points.
Notably, the U.S. markets will be closed on Thursday for Juneteenth, delaying government reports by one day. The Export Sales report set for Friday is anticipated to show old crop soybean sales between 0 and 400,000 MT and soybean meal sales between 150,000 and 450,000 MT.
Recent futures closing prices include Jul 25 Soybeans at $10.74 ¾ (up ¾ cent), Aug 25 Soybeans at $10.76 ¾ (up ½ cent), and Nov 25 Soybeans at $10.68 ¼ (up ½ cent).
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