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CBOT November soybeans ended down 13.75 cents at $9.95-3/4 a bushel, their lowest since April 10. Soymeal set contract lows on ample US supplies, and China and the US agreed to seek an extension of their 90-day tariff truce.
Expectations of a large US harvest and softer Chinese buying push soybean and meal prices lower, while the truce extension is a modest offset to trade uncertainty.
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.