Soybeans weakened into the weekly close, with contracts down 2 to 8 cents on Friday. July soybeans fell 65 1/4 cents on the week and November dropped 52 1/2 cents, while the national average cash bean price declined 7 cents to $10.63 1/4. The move reflects near-term bearish pressure in the soybean complex rather than a broader market event.
Soybeans weakened into the weekly close, with contracts down 2 to 8 cents on Friday. July soybeans fell 65 1/4 cents on the week and November dropped 52 1/2 cents, while the national average cash bean price declined 7 cents to $10.63 1/4. The move reflects near-term bearish pressure in the soybean complex rather than a broader market event.
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moderately negative
Sentiment Score
-0.35
