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July 04, 2023Stable at $1,353.75 and still trending upwards, Today's session might suggest a slow down — the Soybeans future trades at $1,353.75 per bushel, after ending yesterday at $1,353.75.
CME Soybeans's state is reflected by market data as United States ISM Manufacturing PMI (Jun) released yesterday at 14:00 UTC with a figure of 46, while the previous figure was 46.9. United States ISM Manufacturing Employment (Jun) came out at 48.1, while a consensus of analysts was expecting 50.8. United States ISM Manufacturing Prices (Jun) came out at 41.8.
Moreover, United States FOMC Meeting Minutes is scheduled for tomorrow at 18:00 UTC.
The Soybeans future hit a significant low of $1,177.75 around 27 days ago, but has since recovered 14.94%.
