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Soybean futures were choppy today but gained upward momentum around mid-morning and finished 4 3/4 to 7 1/2 cents higher. Meal also ended higher, but soyoil closed mixed amid spreading. Futures started the overnight session with gains due to concerns about dry conditions in southern Brazil and continued strong demand, but weakened ahead of the start of open-outcry trade.
*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.