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November soybean futures on CBOT fell for a thirteenth straight session on March 23, the longest such streak for new-crop beans in their expiration year since at least 1973. November beans settled at $12.58 per bushel, down 8.8% over those 13 sessions.
The record losing streak signals heavy liquidation of new-crop soy, lowering expected feed-meal costs, though analysts note the losses are not extreme by historical magnitude.
financialpost.comReutersMar 23, 2023Not 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.
