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Soybeans Fading Back on Thursday AM Trade
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Soybean futures are trading about 4 to 5 cents lower so far on Thursday, after posting gains of 20 to 28.5 cents across most contracts at Wednesday’s close. Meal is the relative outperformer, while open interest rose by 12,091 contracts, suggesting increased positioning even as prices are slightly pressured intraday.
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