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November soybeans fell to their lowest settlement since March as harvest accelerated and yields came in strong. Soymeal futures also dropped $2.90 to $3.50 per ton, while corn was slightly lower.
Heavier harvest selling and seasonal pressure weigh on soybean and meal prices, which lowers feed costs for buyers in the near term.
profarmer.comPro Farmer EditorsOct 5, 2021profarmer.comPro Farmer EditorsOct 6, 2021Not 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.
