Soybean Futures Rise in Early Trading

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Soybean Futures Rise in Early Trading

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Soybean futures on the Chicago Board of Trade are off to a strong start on Friday, December 26th, with January contracts gaining 3.25 cents to 1666.50 per bushel. March futures led the charge, rising 3.5 cents to 1880 per bushel. Traders are watching these modest gains closely due to lighter post-holiday volume, which could indicate cautious sentiment. Open interest dipped by 5,587 contracts, with front months like January and March seeing the most action. Despite the drop in volume, soybeans are holding firm, setting the stage for a potentially steady week ahead.

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