Soybeans Decline at Midday on Tuesday
Soybeans fell by 4 to 7 cents at midday on Tuesday, with the national average Cash Bean price dropping to $10.91. Soymeal and Soy Oil futures also declined, while US soybean planting progress was ahead of the 5-year average. Brazil's soybean crop estimate was raised, and China's soybean imports increased by 14.9% year-over-year.
Topics: Commodity Prices Crop Progress Market Analysis Soybeans