Soybeans consolidate after recent volatility


Soybeans were mixed, mostly firm, consolidating after Monday’s sharply lower move and last Friday’s sharply higher activity. It was an up and down day, with traders watching development weather and the effects of tariffs. The USDA’s new supply and demand numbers out Thursday will factor in those tariffs. The reports are out at Noon Eastern/11 AM Central. Weather is generally considered to be non-threatening, but parts of the Midwest will need to see improved precipitation ahead of some key development phases.

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