Soybeans were lower on fund and technical selling as the broader markets continue to show concern about rising interest rates and the potential for slowing economies. Soybeans were also under pressure and crude oil and soybean oil both fell. Among the concern, there is a bright spot as demand for soy products, specifically from China, has remained strong. The next big headwind for soybean markets will come from Brazil, where decent growing conditions could mean a record harvest early next year.
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