Soybeans are slipping 2 to 6.5 cents on Turnaround Tuesday, while the cmdtyView national average Cash Bean price is down 5.75 cents to $11.105. Soymeal futures are also weaker by $2 to $2.50 in the front months, partly offset by soy oil gains of 55 to 65 points. The update reflects a mildly bearish tone for soybean complex pricing, but the move appears routine rather than market-moving.
Soybeans are slipping 2 to 6.5 cents on Turnaround Tuesday, while the cmdtyView national average Cash Bean price is down 5.75 cents to $11.105. Soymeal futures are also weaker by $2 to $2.50 in the front months, partly offset by soy oil gains of 55 to 65 points. The update reflects a mildly bearish tone for soybean complex pricing, but the move appears routine rather than market-moving.
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mildly negative
Sentiment Score
-0.20