Monday, May 19, 2008

Selling Soybeans

Good news this morning for soybean consumers and makers of products that contain them! Soybeans have sold off at the open of the session, I suspect due to favorable and improving weather conditions in much of the growing region for the crop. Soybean prices over the past week have been trading within a relatively tight range of about $13.25 to $14.00 per bushel.