Crop oil pricing weighs on soybeans. July 19, 2022
Like with corn, the soybean trade today did not do as bad as it could have been been. The 1358 1/4 settlement was a good deal off the 1339 lows for the day. Though most are resistant to lowering yields down from trend yet, and the palm oil story is bearish, if a match is lit via weather forecast change this would be the market to watch.
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