Soybean commentary

Soybean commentary: Futures slightly down on pressure from soymeal, rain forecast for Brazil

2 Oct 2024

Soybean futures on the Chicago Mercantile Exchange were slightly down on Wednesday October 2, driven by a sharp drop in soymeal prices after the EU anti-deforestation law was delayed, along with a forecast for rain in Brazil that could allow soybean sowing to pick up.

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