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Soybeans, corn and wheat all closed lower midweek on fund and technical selling. Soybean meal also fell, with sluggish demand and large South American crops weighing on soybeans.
USDA reported a 5.4 million bushel sale to South Korea and StoneX raised its Brazil soybean estimate to 181.8 million tons.
Large South American supplies and softer meal demand point to lower soybean meal prices, which lowers protein feed costs for buyers.
brownfieldagnews.comMeghan GrebnerJun 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Fund selling, sluggish meal demand and large South American crops (StoneX Brazil raised) weighed on soybeans.
Midweek fund selling, large South American crops and sluggish demand weighed on soybean meal.
