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“Prices closed mixed in choppy 2-sided trade. Beans were up $.01, meal was $2-$4 lower while oil was 15-25 higher. Spreads were mixed and little changed. Nov-25 beans traded to a fresh 6-week low; however, failed to seriously challenge the $10.00 level. Next major support is at the August low at $9.81 ¼. Early weakness saw Oct-25 oil fell to a new 3-month low; however, held support above the 50% Fib. retracement level setting up the late recovery. Oct-25 meal closed near session lows after the EU again delayed activating the deforestation law for a second consecutive year that likely would have helped boost U.S. soybean meal exports,” reported Mark Soderberg with ADM Investor Services.





