CBOT soybeans fall slightly following corn and wheat
CHICAGO, Sept 19 (Reuters) -Chicago Board of Trade (CBOT) soybean futures ticked down after a choppy trade on Thursday, pulled down by slides in wheat and corn but supported by better than expected export numbers and Brazil weather concerns.
CBOT November soybeans SX24 settled down 3/4 cent to $10.13-1/4 per bushel.
CBOT December soymeal SMZ24 ended up 20 cents at $321.60 per short ton, and December soyoil BOZ24 rose 0.62 cent to close at 40.93 cents per pound.
The U.S. Department of Agriculture reported export sales of U.S. 2024/25 soybeans in the week ended Sept. 12 at 1,748,100 metric tons, above trade expectations for 500,000 to 1,600,000 tons. EXP/SOY
The downturn in corn and wheat futures dragged soybeans along with it, said analysts.
A delayed rainy season in Brazil has led to depleted moisture levels in swathes of the country, including Mato Grosso, one of Brazil's top soybean-growing states, analysts said, but dry conditions would need to extend into October to become a serious problem.
Reporting by Renee Hickman; Editing by David Gregorio
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