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Market Impact: 0.18

Soybeans Fall Back on Tuesday

Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Soybeans fell 2 3/4 to 11 3/4 cents on the day, with nearby contracts leading the decline. The cmdtyView national average cash bean price dropped 11 1/4 cents to $11.43, while soymeal futures fell 50 cents to $1.30. Soy oil futures were steady, leaving the tone modestly bearish for the soybean complex.

Analysis

Soybeans fell 2 3/4 to 11 3/4 cents on the day, with nearby contracts leading the decline. The cmdtyView national average cash bean price dropped 11 1/4 cents to $11.43, while soymeal futures fell 50 cents to $1.30. Soy oil futures were steady, leaving the tone modestly bearish for the soybean complex.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25