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Soybeans Fade Post-USDA Report Gains to Close Lower on Wednesday

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows

Soybean futures closed down 2.25 to 5 cents on Wednesday despite a supportive stocks report, as sharp corn losses created spillover selling pressure. The cmdtyView national average cash soybean price declined 4.5 cents to $12.395 per bushel, signaling modest near-term weakness across the grain complex.

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