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Market Impact: 0.15

Soybeans Starting Wednesday Marginally Lower

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Soybeans futures slipped 2–4¢ early midweek after nearby contracts lost 6–9¢ on Tuesday; the cmdtyView national average cash bean price fell 8¢ to $10.89¼. Soymeal futures dropped about $1.30 to $4.80, indicating modest downside in the soybean complex with limited market-wide impact.

Analysis

Soybeans futures slipped 2–4¢ early midweek after nearby contracts lost 6–9¢ on Tuesday; the cmdtyView national average cash bean price fell 8¢ to $10.89¼. Soymeal futures dropped about $1.30 to $4.80, indicating modest downside in the soybean complex with limited market-wide impact.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15