# New-crop CBOT soybeans notch longest losing streak in over 50 years -Braun | Financial Post

> 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.

- Date: 2023-03-23 · published 2023-03-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36891-new-crop-cbot-soybeans-notch-longest-losing-streak-in-over-50-years-braun
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/new-crop-cbot-soybeans-notch-longest-losing-streak-in-over-50-years-braun

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