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Market Impact: 0.35

Soybeans Collapse Following Little News Out of Trump/Xi Meeting

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Soybeans fell 20 to 40¾ cents across most contracts, with the cmdtyView national average cash bean price down 36 cents to $11.28. Soymeal futures dropped $3.90 to $6 and soy oil futures lost 44 to 83 points, indicating broad weakness across the soybean complex. May futures expired today, reinforcing a bearish tone in the market.

Analysis

Soybeans fell 20 to 40¾ cents across most contracts, with the cmdtyView national average cash bean price down 36 cents to $11.28. Soymeal futures dropped $3.90 to $6 and soy oil futures lost 44 to 83 points, indicating broad weakness across the soybean complex. May futures expired today, reinforcing a bearish tone in the market.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45