A Look Into the Markets - Grain Spreads: Bean Pressure

Written Friday,  December 12 Soybean selling was the focus again in the grain and oilseed complex again today. January soybeans fell 16 cents to .76, near the daily low, hit a six-week low and for the week were down 29 cents. January soybean meal closed up 40 cents at 2.50, near mid-range and on the week down .90. January bean oil lost 75 points to 50.07 cents, near the daily low, hit a two-week low and for the week were down 162 points. Managed money poured into the soybean market in early October when President Trump spoke of his expectations of...

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