Soy weaker premarket

The soy trade remained closed yesterday. Due to the public holiday, there was no trading on the CBoT. Pre-market, the contracts are showing red signs today. Soybean meal and soybean oil also give way. So there was no news yesterday. Because of the holiday, for example, the crop report on the status of the stocks will only be published today. Only Ukraine reported that the soybean harvest there would be larger than previously expected. The grain association there expects production of 4.8 million tons. Crude oil rose yesterday despite a lack of stimulus from the US, but is not providing support in pre-market trading on the CBoT today.

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