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Soybeans Slipping Back on Friday AM Trade

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

Soybeans are down 5 to 7 cents in early Friday trade after closing Thursday up 16.5 to 22 cents across the board. Open interest fell 25,894 contracts on Thursday, with most of the decline in July ahead of options expiration and first notice day, pointing to positioning-driven volatility rather than a fundamental shift.

Analysis

Soybeans are down 5 to 7 cents in early Friday trade after closing Thursday up 16.5 to 22 cents across the board. Open interest fell 25,894 contracts on Thursday, with most of the decline in July ahead of options expiration and first notice day, pointing to positioning-driven volatility rather than a fundamental shift.

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mildly negative

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