Soybeans Collapse on Thursday with RVO Rumors and Bean Oil Limit Losses

During Thursday’s trading session, soybean prices experienced a decline of 25 to 28 cents at the end, mainly influenced by losses in bean oil. The cmdtyView Cash Bean price closed 25 cents lower at $10.02. Meanwhile, soymeal futures saw an increase of $4.40 per ton, while Soy Oil futures recorded a drop.