Soybean Markets Dip, New Production Data Expected
Update: 2025-11-12
Description
Soybean markets experienced a minor dip on November twelfth, with contracts closing down one to three cents. The Chicago Board of Trade reported another one hundred twenty-five deliveries, totaling one thousand seven hundred seven. Cash bean prices also fell by two and a half cents, settling at ten dollars and fifty-three and a quarter cents. Soymeal futures dropped between two dollars and three dollars and ten cents, while soy oil futures rose between forty-one and fifty-four points.Looking ahead, new crop production data is expected to be released this Friday, with a Reuters survey suggesting a potential drop in soybean yield. This could lead to an overall output reduction of thirty-five million bushels. Brazils November soybean export total is now estimated at four point two six million metric tons, a significant increase from earlier projections. These market shifts are closely watched by farmers and investors, influencing prices and future planning.
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