Soft commodities prices were mixed in early trading hours in the U.S. today, June 12 as traders looked ahead to a key report by the U.S. Department of Agriculture (USDA) scheduled for release later in the day. The World Agricultural Supply and Demand Estimates (WASDE) report is expected to affect soft commodities prices as early as today.
On the Chicago Board of Trade (CBOT), the soybean price for July delivery traded at $15.4675 a bushel, up 0.35 percent on the day. The front-month contract held in a range between a daily low of $15.3863 a bushel and a session high of $15.4688 a bushel. CBOT soybeans for delivery in November were up 0.15 percent to 13.2900 a bushel. The oilseed has been well-supported in recent sessions by concerns over U.S. planting prospects.
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