Reported 1 day ago
Soybean futures fell on Friday, ending the week with a loss as prices dipped 5 to 6 cents towards the close, totaling a 27.5-cent drop for November futures this week. Cash Bean prices also dropped by 6 cents, settling at $9.49 1/2, while soymeal futures rose slightly, and soy oil futures faced declines. The latest USDA export sales report noted private sales of 123,000 MT of soybeans and a significant reduction in previous week's net exports, highlighting ongoing demand concerns, particularly from China.
Source: YAHOO