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Market Impact: 0.22

Soybeans Pushing Correction to Midday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Soybeans are down 14 to 15 cents at midday, while the cmdtyView national average Cash Bean price has fallen 19 cents to $11.09 1/4. Soymeal is up 70 cents to $1.70, but soy oil is steady to weaker, leaving the complex mixed but with clear pressure in the bean market.

Analysis

Soybeans are down 14 to 15 cents at midday, while the cmdtyView national average Cash Bean price has fallen 19 cents to $11.09 1/4. Soymeal is up 70 cents to $1.70, but soy oil is steady to weaker, leaving the complex mixed but with clear pressure in the bean market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20