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Market Impact: 0.18
Soybeans Showing Weaker Trade Heading into the Weekend
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesNatural Disasters & Weather
Soybean futures were down 5-7 cents at midday, while the cmdtyView national average cash soybean price fell 6 cents to $12.23 3/4. Soymeal futures declined $5-$7, although soy oil rose 125-130 points. The article indicates harvest activity may resume, adding near-term supply pressure to soybean and soymeal prices.
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