Chicago soybeans fall 0.5%, soyoil drops 1.7%, lean hogs slide 2.9%

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.