Chicago Soybean Futures Fall 1% as Grains Slide

The technical break matters more than the headline decline: the Bloomberg Grain Subindex slipping below its 100-day moving average puts the August 13 low of 31.28 in view as the next reference point. The internal split is notable — soyoil was the lone gainer while meal led the drop, suggesting the weakness is not a uniform demand story. Whether the subindex holds above that August low, or soyoil's relative strength persists, is the open question.