# Soybean Prices Closed 23¢ Lower

> Soybean futures closed 23 cents lower on December 13, 2021, with January soybeans at $12.44 per bushel and January soymeal down $4.70 to $362.10 per short ton. Soybean oil closed at 53.35 cents per pound, and March corn settled at $5.85.

- Date: 2021-12-13 · published 2021-12-13T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/9261-soybean-prices-closed-23-lower
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved Brazilian crop weather reduced soybean supply concerns and drove the sell-off, pointing to continued softness in soy complex prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/crops/soybeans-shave-off-a-dime-monday-december-13-2021

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