Soybean futures chart the soybean futures chart reveals July

The soybean futures chart reveals July 2024 contracts at $12.30, up 0.45% today. Market watchers link gains to robust meal demand in Southeast Asia and lower U.S. ending stocks. RSI indicators suggest a healthy uptrend with potential continuation toward $12.50. On the date of publication, Andrew Hecht did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com Wu, B., Wang, Z., and Wang, L. (2024). Interpretable corn future price forecasting with multivariate time series. J. Forecast. 43, 1575–1594. doi: 10.1002/for.3099 Soybean futures chart shows March 2024 contracts trading around $11.98 per bushel, rebounding 0.6% after recent lows. Analysts note strong demand from China coupled with weather risks in Brazil, indicating possible short-term volatility. Traders eye $12.20 as a breakout level.