Soybeans lead momentary retreat of US cereals benchmarks

13.06.2022

Chicago Board of Trade soybean futures ended weaker on Friday on profit-taking, after rallying close to an all-time high on strong U.S. export demand and supply concerns.

Supply uncertainty remained, as the U.S. Department of Agriculture cut its estimates for 2021/22 domestic ending stocks by about 13% to 205 million bushels...