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Market Impact: 0.15

Soybeans Hold Near Unchanged on Tuesday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Soybeans closed mixed, with front-month contracts steady to 1.5 cents higher and deferreds down 1.25 cents, while the cmdtyView national average cash bean price rose 1.5 cents to $10.66¾. Soymeal futures were firmer by $2.10 to $3.10 in the nearby contracts, indicating modest support across the complex. The move appears routine and limited in likely broader market impact.

Analysis

Soybeans closed mixed, with front-month contracts steady to 1.5 cents higher and deferreds down 1.25 cents, while the cmdtyView national average cash bean price rose 1.5 cents to $10.66¾. Soymeal futures were firmer by $2.10 to $3.10 in the nearby contracts, indicating modest support across the complex. The move appears routine and limited in likely broader market impact.

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