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Barchart
Barchart
Austin Schroeder

Soybeans Collapse on Wednesday, as Forecasts Remain Wet

Soybeans posted losses of 13 ½ to 34 cents on Wednesday, with front months leading the charge. The cmdtyView national average Cash Bean price was 31 3/4 cents lower at $11.46 ¼. Soymeal futures were $2.50 to $5.00 lower across the front months, with Soy Oil futures down 30 to 159 points.

The next 7 days are looking for 1 to 2 inches across much of eastern NE and the eastern portions of the Dakotas through MN, MO, WI, IA, IL, IN and OH.

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