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Barchart
Barchart
Austin Schroeder

INSANE: Soybeans post slight tuesday losses - The Real Truth

Soybeans rounded out the Tuesday session with contracts down 2 to 6 cents at the close. The cmdtyView national average Cash Bean price was down 2 1/2 cents at $12.25 3/4. Soymeal futures were $1.50 to $5.50 lower, with Soy Oil futures down 31 to 63 points. October futures expires on Wednesday.

The NASS Crop Progress report from Tuesday indicated 46% of the US soybean harvest was complete, now 4 percentage points behind normal. Condition ratings were unchanged at 57% gd/ex, with the Brugler500 index at 350.

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