Market Overview

Soybean Futures Move Down

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September Soybeans are trading at 999, down 6 cents/bushel. November Soybeans are trading at 983 , down 5 cents/bushel. December Soymeal is trading at 331.2, down 3.4 $/ton. September Soybean Oil is trading at 31.66, up 0.42 cents/lb.

Soybean futures are trading lower after showing a higher trade early in the session.

Market chatter about U.S. soybean yields and the upcoming crop report is making the rounds.

The USDA weekly export sales report is due out Thursday at 8:30 a.m. ET. The agency is scheduled to release the World Agricultural Supply and Demand Estimates Report (WASDE) and soybean crop production data Friday at 12:00 p.m. ET.

Trading is expected to remain very choppy.

Posted-In: Soybean futuresFutures Commodities Markets

 

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