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Soybeans Falling Back Early on Tuesday
Yahoo Financeยท 2025-11-04 13:31
Group 1 - Soybean futures are experiencing losses of 12 to 16 cents across most contracts, following gains of 16 to 21 cents on the previous day [1] - Open interest increased by 9,867 contracts, indicating new buying activity [1] - Export inspections reported 965,063 MT of soybeans shipped in the week ending October 30, a decrease of 16.8% from the previous week and 58.3% year-over-year [1] Group 2 - The estimated US soybean yield is 53.6 bpa, reflecting a reduction of 0.3 bpa from the previous month [2] - The total marketing year shipments of soybeans have reached 7.78 MMT, representing a 40% decline year-over-year [1] - Nearby cash soybean prices increased by 21 cents to $10.56 1/4, while futures for November, January, and March also showed slight increases before current declines [2]