Soybean Market News and Commentary
BRUG - Wed Apr 17, 7:30AM CDT

Soybean futures are mostly 1 cent per bushel higher after ending the Tuesday session with most contracts 10 to 10 3/4 cents in negative territory. There was significant net selling interest focused on the July contract. Preliminary open interest jumped 20,125 contracts. Product markets were lower as meal futures fell $4.50/ton and May soy oil was down 9 points. USDA will begin reporting US soybean planting pace in next week’s Crop Progress report. The markets will be closed on Friday in observance of the Good Friday holiday.

--provided by Brugler Marketing & Management

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