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Soybeans Hold on for Thursday Losses, but Off the Lows

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Soybean futures closed 7-9 cents lower in nearby contracts on Thursday after recovering from intraday lows, while deferred contracts fell 1.75-6.5 cents. The cmdtyView national average cash soybean price declined 10.5 cents to $12.29, and soymeal futures fell $1.50-$5.00, indicating broad weakness across the soy complex.

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mildly negative

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