Soybeans are trading 1 to 3 cents lower at Friday midday, with the cmdtyView national average cash bean price down 2.5 cents to $10.76 1/4. July options expire Friday, with first notice day on Monday, while soybean meal is down $2.30 in the nearby contracts and soybean oil is also weaker. The note points to modest bearish pressure in the soy complex, but the move appears routine rather than market-moving.
Soybeans are trading 1 to 3 cents lower at Friday midday, with the cmdtyView national average cash bean price down 2.5 cents to $10.76 1/4. July options expire Friday, with first notice day on Monday, while soybean meal is down $2.30 in the nearby contracts and soybean oil is also weaker. The note points to modest bearish pressure in the soy complex, but the move appears routine rather than market-moving.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
