
CBOT soybean futures closed lower for a second session on December 2 amid a lack of supportive news and expectations of large South American harvests. January soybeans settled down 3-1/4 cents at $11.24-3/4 per bushel and soymeal fell $3 to $311.60 per short ton, while soyoil rose 0.32 cent to 52.68 cents per pound.
No new US flash sales to China were reported.
Expectations of record Brazilian soybean supply weigh on US soybean and meal prices, while China's demand for US beans remains uncertain.
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.