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via thehindubusinessline.comMarkets

Soybeans down 1.2% after rally, record US harvest weighs

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Soybean prices hit a two-month low on harvest pressure, with corn and wheat also down amid ongoing Black Sea disruptions and oil declines.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHarvest pressure and lower oil prices weigh on agricultural commodities, affecting commodity prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Soybean prices hit a two-month low on harvest pressure.
  2. 02Corn and wheat also fell amid ongoing Black Sea disruptions.
  3. 03Declines in oil also weighed on prices.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SoybeansCOMMODITY:SOYBEANCommodity1,241.25 USc+0.06%today -1.21%Negative CornCOMMODITY:CORNCommodity451.40 USc-0.04%today -1.01%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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