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Soybeans Facing More Thursday Pressure

Commodities & Raw MaterialsMarket Technicals & Flows

Soybeans are down 8.5 to 15.25 cents across most contracts, with the cmdtyView national average Cash Bean price off 14.5 cents to $11.31 3/4. Soymeal futures are up $3.40 to $4.60, while Soy Oil futures are 43 to 55 points lower—indicating a mixed complex with bearish pressure on beans but support in meal.

Analysis

Soybeans are down 8.5 to 15.25 cents across most contracts, with the cmdtyView national average Cash Bean price off 14.5 cents to $11.31 3/4. Soymeal futures are up $3.40 to $4.60, while Soy Oil futures are 43 to 55 points lower—indicating a mixed complex with bearish pressure on beans but support in meal.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20