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Soybeans Getting a Tuesday Morning Bounce
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEmerging MarketsElections & Domestic PoliticsMarket Technicals & Flows
Soybean futures bounced 3 to 8½ cents on Tuesday after contracts closed 7¼ to 16 cents lower across the board following Brazil’s weekend election. Open interest fell by 17,466 contracts Monday, with most of the decline in November futures (-35,330), suggesting long positions were exiting.
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