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Soybean Pulling Back on Wednesday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows
Front-month soybean futures were down 3-4 cents at midday, while the cmdtyView national average cash soybean price fell 3.75 cents to $12.56 3/4. Soymeal futures declined $1.50-$2.00 and soy oil fell 80-95 points, signaling broad but modest weakness across the soy complex ahead of a USDA update.
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