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Soybeans Holding Lower on Monday Following Brazil Pressure
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEmerging MarketsElections & Domestic Politics
Soybean futures fell 17–18 cents in nearby contracts on Monday following Brazil’s weekend elections. The cmdtyView national average cash bean price declined 18 cents to $11.81¼; soymeal futures lost $6.40–$6.80, while soyoil futures were 5–11 points lower.
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