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Market Impact: 0.18

Soybeans Face Pressure on Thursday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Soybeans closed lower Thursday, down 1 1/4 to 6 3/4 cents across the board, while the cmdtyView national average cash bean price fell 6 1/2 cents to $11.30 1/2. Soymeal futures declined $2.30 to $2.80, and soy oil futures also weakened, down 19 to 79 points. The move reflects broad softness across the soybean complex, but the article provides no catalyst beyond price action.

Analysis

Soybeans closed lower Thursday, down 1 1/4 to 6 3/4 cents across the board, while the cmdtyView national average cash bean price fell 6 1/2 cents to $11.30 1/2. Soymeal futures declined $2.30 to $2.80, and soy oil futures also weakened, down 19 to 79 points. The move reflects broad softness across the soybean complex, but the article provides no catalyst beyond price action.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25