Soybean Futures Dip on CBOT
Update: 2026-01-02
Description
Soybean futures plummeted on the Chicago Board of Trade, with all contracts closing lower in cents per bushel. The front month March contract settled at $10.4075, down $6.75. Traders and farmers are feeling the pinch as lower prices could squeeze profits amid steady demand from exports and livestock feed. Open interest climbed to 762,584 contracts. Later contracts also saw significant drops, with July and November contracts falling by $7.25 and $6.50 respectively. Estimated volume for the day stands at 29,093 contracts. Checkout Solipillow.com
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