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Market Impact: 0.2

Soybeans Slipping to Kick Off Friday Trade

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

Soybeans are down 4 to 6 cents on Friday morning after Thursday's close, when front-month contracts fell 3/4 to 3 1/4 cents while deferred new-crop contracts were fractionally to 2 cents higher. Open interest rose by 2,816 contracts, indicating modest fresh positioning even as nearby prices softened. The action points to a mildly bearish tone in soybean futures, with limited near-term market impact.

Analysis

Soybeans are down 4 to 6 cents on Friday morning after Thursday's close, when front-month contracts fell 3/4 to 3 1/4 cents while deferred new-crop contracts were fractionally to 2 cents higher. Open interest rose by 2,816 contracts, indicating modest fresh positioning even as nearby prices softened. The action points to a mildly bearish tone in soybean futures, with limited near-term market impact.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15