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“Prices are mixed with beans down $.02-$.03, meal was off another $4-$5 while oil rebounded 55-75 points. Bean spreads were mixed, oil spreads firmed while meal spreads slipped to new lows. Nov-25 beans slipped to new monthly low while holding support just above the May low. July-25 oil narrowed the gap from last Monday’s limit up trade before recovering. New contract low for July-25 meal for a 5th consecutive session with the spot contract falling to a fresh 9-year low. Spot board crush margins slipped $.01 to $1.51 with bean oil PV surging back above 49%. New crop margins were steady at $1.96 ½,” reported Mark Soderberg with ADM Investor Services.





