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June 25: Soybean Prices Crater As Trade War Accelerates | FarmLead

Soybean prices collapsed again Monday. Markets remain fearful that a trade war between the United States and its primary trade partners will only worsen. Markets sold off after news broke that President Trump is considering restrictions on certain nations from investing in American technology companies. In addition, the European Union has retaliated with tariffs on U.S. goods.

Here’s a breakdown of prices at the Chicago Board of Trade for Monday, June 25.

More Pain Hits Soybean Prices

July soybean prices fell 20 cents in Chicago Monday. The July contract ended the day at $8.745. The August contract also shed 20 cents and closed at $8.80.
This afternoon, the USDA released its weekly crop progress and quality report. The agency said that 95% of the soybean crop has emerged, a figure that is 6 points ahead of the five-year average.

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June 25 – Soybean Prices Crater As Trade War Accelerates.