Soybean Futures Decline Amid Profit Taking and Trade Policy Changes

Soybean futures retreated midday on Thursday after rising above $12 in Wednesday's session, with prices down 5 to 6 cents due to profit taking. Export sales data showed mixed results for old crop soybeans but strong new crop figures. The USTR announced a new 25% tariff on Brazilian imports under Section 301 trade law.

By Austin Schroeder Thu, July 16, 2026 at 8:10 PM GMT+3 2 min read · Yahoo Finance · July 16, 2026, 17:10 UTC

Soybean Futures Decline Amid Profit Taking and Trade Policy Changes

Topics: export_sales futures_trading soybeans tariffs

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