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Market Impact: 0.2

Soybeans Slip into Friday’s Close

Commodities & Raw MaterialsMarket Technicals & Flows

Soybeans traded mostly 1–3 cents lower, with the August contract down 11 ¾ cents on the week. Soymeal futures fell $2.60 overall, while August soymeal was down $6 on the week. Bean oil rose 40–50 (units not specified) as the market showed a mixed but net softer tone in soybean products.

Analysis

Soybeans traded mostly 1–3 cents lower, with the August contract down 11 ¾ cents on the week. Soymeal futures fell $2.60 overall, while August soymeal was down $6 on the week. Bean oil rose 40–50 (units not specified) as the market showed a mixed but net softer tone in soybean products.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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