Soybeans Fade Lower into Thursday’s Close

Soybeans closed the Thursday session mixed, with most contracts down 1.5 to 2.5 cents, while the cmdtyView national average Cash Bean price edged up 0.75 cents to $11.99¾. Soymeal futures fell 70 cents to $3.20, and soy oil was also lower (down 48 to 141 points), signaling broad weakness across soybean complex prices.

Analysis

Soybeans closed the Thursday session mixed, with most contracts down 1.5 to 2.5 cents, while the cmdtyView national average Cash Bean price edged up 0.75 cents to $11.99¾. Soymeal futures fell 70 cents to $3.20, and soy oil was also lower (down 48 to 141 points), signaling broad weakness across soybean complex prices.