Soybeans prices are down 9 to 10 cents, with Soymeal futures also lower. A total of 409,714 soybeans were shipped last week, with the US and EU announcing a trade agreement framework. President Milei of Argentina reduced export taxes on soybeans, meal, and oil. Commitment of Traders data shows managed money net short position decreased.

Read more at Yahoo Finance: Soybean Bulls Tripping Up on Monday