Soybeans Extending Back Lower to Start the Midweek Session

Soybean nearbys are down 7–8 cents in Wednesday AM trade, while new-crop futures are down about 2 cents. Tuesday’s session closed mostly higher, with most contracts +9 to +10.5 cents and front months up roughly 1.75–3.75 cents, indicating mixed intraday signals and continued short-term volatility in the soy complex.

Analysis

Soybean nearbys are down 7–8 cents in Wednesday AM trade, while new-crop futures are down about 2 cents. Tuesday’s session closed mostly higher, with most contracts +9 to +10.5 cents and front months up roughly 1.75–3.75 cents, indicating mixed intraday signals and continued short-term volatility in the soy complex.