# In a Volatile Week, Soybean Prices Experience Significant Gains in Chicago on Wednesday

> Soybean futures on the CBOT rose on June 26, with July up 12 points to $11.75 and November up 3 points to $11.14 per bushel. Analysts cited volatility from crop condition declines, flooding in Iowa, and weak export demand.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29787-in-a-volatile-week-soybean-prices-experience-significant-gains-in-chicago-on
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Crop condition concerns support prices in the near term, but weak export demand and large carryover stocks cap gains for soybeans and meal.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Sources

- ipasai.com: https://www.ipasai.com/post/in-a-volatile-week-soybean-prices-experience-significant-gains-in-chicago-on-wednesday

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