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Barchart
Austin Schroeder

Soybeans Close with Weakness on Wednesday

Soybeans posted Wednesday losses of 3 to 4 ½ cents at the close. The cmdtyView national average Cash Bean price was 5 cents lower at $9.87 1/4. Soymeal futures were $4.10 to $5.20 lower, with Soy Oil futures steady to 16 points higher.

USDA reported a couple private export sales of 198,000 MT of soybean to China and 125,000 MT to unknown destinations this morning.

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