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Soybeans Face Friday Pressure as USDA Increases Production

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Soybean futures fell 21 to 35.75 cents by Friday's close as traders reduced positions, with the November contract down 13.25 cents for the week. The cmdtyView national average cash soybean price declined 36 cents to $12.385 per bushel, signaling near-term bearish pressure across the soybean complex.

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