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Barchart
Barchart
Austin Schroeder

Soybeans Posting Double Digit Losses at Midday

CmdtyView Oil

Soybeans are trading with contracts13 to 14 cents in the red across the front months. The cmdtyView national average Cash Bean price is down 14 cents at $9.35 1/4. Soymeal futures are trading with futures down $4 to $4.20 at midday. Soy Oil futures are down 85 to 90 points so far on Monday.

Trade is likely still sifting through the lack of Chinese buying and progress towards a trade deal following last Friday’s Trump/Xi phone call.

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