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Soybeans Fading Post-USDA Report Gains on Spillover Pressure
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Soybean prices posted fractional midday losses despite a supportive stocks report, as sharp declines in corn futures created spillover pressure. The cmdtyView national average cash soybean price fell 1.5 cents to $12.42 1/4, while soymeal futures were down 20 to 40 cents.
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