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Soybeans Correcting Lower Ahead of Trump/Xi Meeting
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesTrade Policy & Supply ChainGeopolitics & War
Soybean futures fell 10 to 12.25 cents as traders reduced positions ahead of a U.S.-China meeting, while the national average cash soybean price declined 11.75 cents to $12.54. Soymeal futures were mixed, ranging from a $0.10 gain to losses of $2.40, reflecting uncertainty over potential U.S.-China trade developments.
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