“Soybeans are trading slightly lower to start the day, following sharp losses over the past three sessions,” Keegan Madigan at Total Farm Marketing said “Soybean oil futures are also modestly weaker this morning, aiming to break a five-day losing streak. The recent cease-fire agreement between Israel and Iran has weighed heavily on crude oil, which is now $13 per barrel below Monday’s high—dragging soybean oil prices lower in tandem.” The Hightower Report said, “Rains through the middle of next week are expected to be heaviest in eastern Nebraska, Iowa, Minnesota and Wisconsin. The 6-10 and 8-14 day outlooks show mostly normal chances of precipitation and normal temperatures for the bulk of the Midwest. The previously dry I-80 corridor will see relief.”