Soybeans closed Tuesday with weak spot, as contracts had been down fractionally to three 1/4 cents. The cmdtyView nationwide common Money Bean worth was 3/4 cent decrease at $9.80. Soymeal futures had been regular to $2.10/ton decrease, with Soy Oil futures up 7 to fifteen factors on the day.
USDA reported a personal export sale of 136,000 MT of soybeans to China this morning, with 231,000 MT bought to unknown locations throughout the reporting interval. USDA will give us one other weekly replace for the week ending on 12/18 on Wednesday morning.Â
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ANEC estimates the Brazilian soybean exports at 3.02 MMT, which was a 0.55 MMT drop from the identical interval final 12 months.Â
Jan 26 Soybeans  closed at $10.46 1/4, down 3 1/4 cents,
Close by Money  was $9.80, down 3/4 cent,
Mar 26 Soybeans  closed at $10.62 1/4, down 1 1/4 cents,
Might 26 Soybeans  closed at $10.74 1/2, down 3/4 cent,
On the date of publication,
Austin Schroeder
didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions.
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