Soybeans futures price firmed to $13

Soybeans futures price firmed to $13.11 following overnight news that Argentina’s harvest may shrink due to drought stress. Market participants have raised Q3 price targets by 2–3% amid renewed fears of supply imbalance. In an interview with NBC's "Meet The Press," U.S. Senate Majority Leader John Thune, the Republican of South Dakota, said farmers would likely need an aid package from Congress as a result and that federal lawmakers could use funds collected from the tariffs to pay for the financial assistance. Disclaimer | Privacy Notice | Cookie Notice | Terms of Use | Data Terms of Use | Modern Slavery Act Transparency Statement | Report a Security Concern Current soybeans futures price of $13.06 shows consolidation around a key technical pivot. Short-term trading models favor range-bound strategies until new weather data emerges over the weekend.