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CBOT soybeans open 2024 on worst note in 40 years

Jan 09, 2024 at 01:35 PM CST

Most-active CBOT soybean futures on Monday bottomed at $12.36 per bushel, the lowest level since December 2021. Monday’s settle of $12.45-1/2 represents a 10% downturn since futures’ recent peak in mid-November, and it is the lowest price for the date in four years.