AgResource Soybean Comment and Analysis
Soybeans Extend Early Week Gains: CBOT soybean futures gained 12-15 cents. Fresh market news was limited today, but CBOT soy futures are deeply oversold while the market debates the size of the 2024 Brazilian soy crop. On Monday, CONAB reported that Brazilian planting progress was at 99% complete, with a small amount of planting remaining…