Soybeans Recover from Morning Lows Following Strong NOPA Data

Reported 1 day ago

Soybean prices are slightly down on Monday, with recent NOPA data revealing a larger-than-expected crushing volume in August. While deliveries for the September contract totaled 20, cash bean prices dipped to $9.68 1/2. The report indicated a 3.01% decrease compared to July but marked a notable increase over the previous year's figures. Additionally, export inspections reported a substantial shipment of soybeans, particularly to Italy, highlighting strong demand.

Source: YAHOO

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