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Soybeans Posting Tuesday Losses

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Soybeans are trading 6 to 9 cents lower at midday, with the national cash bean average down 8 1/2 cents to $11.24 3/4. Soymeal is off $1.80 to $2.50 while soy oil is 7 to 15 points higher, pointing to mixed processing margins but clear pressure on soybean prices.

Analysis

Soybeans are trading 6 to 9 cents lower at midday, with the national cash bean average down 8 1/2 cents to $11.24 3/4. Soymeal is off $1.80 to $2.50 while soy oil is 7 to 15 points higher, pointing to mixed processing margins but clear pressure on soybean prices.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20