Soybean futures prices at $12
Soybean futures prices at $12.19 have been buoyed by stronger biodiesel mandates in Europe. This legislative shift could sustain medium-term demand growth. China, the top export market for the United States for soybeans, is not purchasing any of the crop from American farmers right now, leaving Minnesota producers uncertain about the future. MANAGE PHYSICAL LUMBER PRICE RISK WITH OUR REDESIGNED LUMBER FUTURES CONTRACT. The soybean futures prices in CME trading slightly eased to $12.12, as fund managers took profits after a three-day climb. Analysts caution that South American production reports could trigger another leg down.
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