TREE NEWS reports: CBOT soybean futures fell 0.49% to $12.7750 a bushel on Wednesday, October 14, after touching a session high of $12.9350. Soyoil dropped 1.67% and soybean meal rose 0.39%. Lean hog futures sank 2.87%, live cattle lost 0.50% and feeder cattle fell 0.73%. The Bloomberg Grains Subindex slipped 0.19% to 32.3147.
Chicago soybeans fall 0.5%, soyoil drops 1.7%, lean hogs slide 2.9%
AI take
The split between soyoil's sharp decline and meal's modest gain points to product-level pressure rather than a broad soybean story, with the oil leg carrying the weakness. Lean hogs absorbing the steepest loss of the complex suggests livestock demand concerns are running ahead of feed-grain moves. Whether soyoil's slide stays contained to the oil share or spills into crush margins is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
9m ago
Fed’s Daly: Rate Hike May Be Needed, But Not Urgent
24m ago
Trump Says ‘Bad’ Fed Is Deliberately Keeping Rates Too High
32m ago
FTSE China A50 Futures Fall 0.86% in Overnight Session to 13,397
33m ago
Trump Says He Just Spoke With TSMC Executives by Phone
35m ago
US equity futures fall at Wednesday’s New York close, Nasdaq 100 down 2.13%
39m ago
Apple Becomes Second Company After Nvidia to Close Above $5 Trillion Market Cap