July soybean futures finished Friday’s session up 5-¼ cents which put them up 44 ¼ cents for the week. Thanks to the big gap higher last Monday, futures traded in just a 28-¼ cent range. Friday’sCommitment of Traders report showed that managed money sold 6,276 futures from May 15th-May 22nd; this puts their net long position at 94,796 futures.
From:: Resource Investor