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“Soybean futures are trading lower this morning with pressure from soybean meal, and the November contract has been overbought for nearly a month and may be topping out,” Total Farm Marketing said. “November soybeans are down 7 cents to $12.97 while March is down 7 cents to $13.21. October soybean meal is down $2.60 to $353.60 and soybean oil is up 0.15 cents to 69.80 cents with higher crude oil.”





