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Latest From Bill Tiedje
Soybean futures ended higher Tuesday, taking back a portion of Monday’s losses with a more positive tone from the Trump Administration regarding trade negotiations at the upcoming G20 summit. Soymeal and soyoil contracts posted modest gains. January soybeans gained 13 1/4¢ at USD8.75 1/2.
Soybean futures ended sharply lower Monday, with similar weakness in soymeal contracts and sharp losses in soyoil contracts. January soybeans lost 18 3/4¢ at USD8.62 1/4.
Corn futures closed lower on Monday, extending a short-term downtrend as December corn fell 3¢ at USD3.56.
Soybean futures traded slightly higher Wednesday led by gains in soyoil contracts while soymeal contracts saw light losses. January soybean futures gained 2¢ at USD8.83.
Soybean futures ended higher Tuesday, with similar gains in soymeal contracts and narrowly mixed trade in soyoil contracts. January soybeans gained 7 1/4¢ at USD8.81.
Soybean futures ended lower Monday as a sluggish export inspections pace and fading trade optimism pressured the market, with similar weakness in soymeal contracts and light losses in soyoil contracts. January soybeans lost 18 1/2¢ at USD8.73 3/4.