Soybeans Retreat into the 3-Day Weekend

Soybeans fell 6 1/2 to 9 1/4 cents across the board on Thursday, though July still holds a 9 1/4 cent gain for the week. The cmdtyView national average Cash Bean price declined 8 1/2 cents to $10.71 1/2, while soymeal futures lost $1.20 to $3.50. The update is a routine commodity price move with limited broader market impact.

Analysis

Soybeans fell 6 1/2 to 9 1/4 cents across the board on Thursday, though July still holds a 9 1/4 cent gain for the week. The cmdtyView national average Cash Bean price declined 8 1/2 cents to $10.71 1/2, while soymeal futures lost $1.20 to $3.50. The update is a routine commodity price move with limited broader market impact.