SOYBEAN traded at $1341.03, 0.06% up since previous day close. The mixed trading can be observed in Soybean prices; forming a consolidation phase since last few sessions. The weekly USDA report showed a rise in weekly exports which further weigh down the Soybean prices. The consistent change in weather conditions in Argentina which turned favourable for Soybean production & hence, increases the supplies; for Argentina is a major producer of beans. The mixed USD ahead of U.S Non-farm Payroll data & U.S credit rating cut by Fitch led come sort of selling pressure in beans. The cautious trading may be suggested for the day in Soybean with the chances of either side breakout.

Natural Gas is trading at $2.576, 0.06% up since previous day close. The slight recovery can be seen in Natural gas prices on Friday post release of U.S Energy Information Administration (EIA) report which showed a rise in Natural gas inventory levels by 14B lower than expectation 18B. This indicates shortage in storage & supplies levels & hence, prices moved up Last week, report showed a build-up in Natural Gas inventory levels by 16B as against the expectation 12B. The frequent change in weather conditions in U.S & European regions; widely affects the consumption demand of heating fuels like Natural gas. Upcoming U.S NFP data release event remains significant for the prices. Slight buying bias may be seen for the day in Natural Gas.