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Market Impact: 0.22

Soybeans Fading Lower on Monday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsEconomic DataTrade Policy & Supply Chain

Soybeans are down 3 to 8 cents across most contracts, while the national average cash bean price fell 9 1/4 cents to $11.25 3/4. Soymeal futures dropped $2.80 to $4, partially offset by soy oil gains of 119 to 131 points. Export inspections of 494,286 MT were also cited, indicating continued grain-market sensitivity to demand and trade flow data.

Analysis

Soybeans are down 3 to 8 cents across most contracts, while the national average cash bean price fell 9 1/4 cents to $11.25 3/4. Soymeal futures dropped $2.80 to $4, partially offset by soy oil gains of 119 to 131 points. Export inspections of 494,286 MT were also cited, indicating continued grain-market sensitivity to demand and trade flow data.

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Market Sentiment

Overall Sentiment

mildly negative

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-0.20