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Barchart
Barchart
Austin Schroeder

Soybeans Slip Lower into Tuesday’s Close

Soybeans faced weakness on Tuesday, with contracts down 2 to 3 ¼ cents. The cmdtyView national average Cash Bean price was 3 3/4 cents lower at $10.54 3/4. Soymeal futures were down $1.30 to $3, with Soy Oil futures 29 to 35 points higher. There were no deliveries issued against December soybean meal overnight, with 123 for bean oil.

Outside of last week’s limited Chinese buying, daily flash sale announcements from the USDA have been quiet. 

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