AgResource Soybean Comment and Analysis
Soybeans Recover Early Week Losses: Soybean futures gained 15-16 cents on Tuesday. Energy markets recovered 2-3%, which allowed soybean oil and soybean prices to claw back some of Monday’s losses. The nearby CBT crush spread tested multi-year lows ahead of the July contract’s expiration but is back to $.97/Bu this week. Estimated cash crush margins…