Soybean Market Plummets on Wednesday

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soybean market

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Business

Business & Economics

Soybeans In the Red on Wednesday

Summary

Nutrition label

81% Informative

The soybean market is posting 15 to 17 cent losses across most contracts on Wednesday .

The forecast continues to look less threatening to the US , with rains of at least an inch from the Northern Plains to the Eastern Corn Belt over the next week .

Export sales data is set to be released on Thursday morning , with traders expecting to see between 200,000 and 600,000 MT of soybeans sold for 2024/25 shipment.

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Informative language

Neutral language

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formal

Language

English

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not offensive

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not hateful