Soybeans Holding Steady on Monday Morning

Soybean futures traded with mixed activity, as front-month contracts experienced declines across the board. September contracts closed at $12.80 1/4, down 35 3/4 cents, while November futures settled at $12.96 1/2, also down 35 3/4 cents. January contracts declined 35 1/4 cents to close at $13.12. The cmdtyView national average cash bean price fell 36 cents to $12.38 1/2. Long liquidation activity was recorded at 10,972 contracts, contributing to downward price pressure.
The U.S. Department of