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Soybeans Rally Off Early Lows as Traders Eye Monday Trade Announcement

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesTrade Policy & Supply Chain

Soybean futures finished Friday mixed, with some deferred contracts down as much as 1.75 cents while November gained 1.5 cents. November soybeans rose 15.5 cents for the week, as pending trade details expected Monday helped curb selling pressure. The move is modestly supportive for soybean pricing but leaves near-term direction dependent on the trade announcement.

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