AgResource Soybean Comment and Analysis
Soybeans Collapse on Massive Fund Selling: Soybean futures collapsed on massive fund selling at midweek. Soyoil again led the decline and fell to limit losses, which pulled July soybeans to a record large $1.1875 daily loss. Note that under recent CME changes, the daily trading limit for soybeans is $1.50, with an expanded limit of…