CBOT soybeans set 11-week low under pressure from weak oil prices
Bullish strength: 20/100
- U.S. exporters sold 167,000 metric tons of soybeans to Spain.
Bearish strength: 80/100
- Soybean futures reached an 11-week low.
- Crude oil prices fell 9%, weighing on soybeans because of their use in biofuels.
- December soyoil fell to its lowest price since April 20.
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