After The Bell Soybean Recap
By Pro Farmer - Thu 17 Jan 2013 15:01:44 CT
Related Keywords: Agriculture

Soybean futures saw two-sided trade today, but bears had the advantage most of the day. Futures ended well off their lows with losses around 6 cents through the August contract and 9 to 11 3/4 cents lower in deferred months. Today's action in the soybean market was a strong signal that impressive soy demand is already baked into prices and that a new source of support is needed to spur the next leg higher.
 


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