# Soybeans end session lower - Brownfield Ag News

> Soybeans closed lower on profit taking and technical selling, while bean oil rose on product spread adjustments. NOPA reported June soybean crushing of 145.05 million bushels, a new monthly record. Corn and wheat also finished lower on technical selling and ample supplies.

- Date: 2016-07-15 · published 2016-07-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10879-soybeans-end-session-lower-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A record crush supports soybean meal output and demand, but the broader session was driven by technical selling and expectations of large crops, which keeps near-term grain and meal prices under pressure.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-end-session-lower/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.