Chicago soybean futures fall 1.5% to $12.16 a bushel

The move is notable less for the headline decline than for its composition: soybeans, soymeal and soyoil all fell together, pointing to pressure across the crush complex rather than a single-product story, while corn held flat and wheat firmed. That divergence suggests the weakness is specific to the soy complex rather than a broad grains risk-off, even as the Bloomberg grains subindex touched its lowest since early July. With prices closing in on the August low, whether that level holds or gives way is the open question worth watching.