Soybean market closed lower on Tuesday, contracts down 1 to 2 cents. Cash bean price steady at $9.58 1/4, soybean meal futures steady to $1.90 higher, soy oil lower by 50 to 66 points. President Trump mentions possible 155% tariffs on Chinese goods. Harvest price discovery for crop insurance sees average close at $10.18 for November soybean futures. ANEC predicts Brazilian soybean exports in October at 7.34 MMT, European Commission estimates EU soybean imports since July 1 at 3.51 MMT. Nov 25 Soybeans closed at $10.30 3/4, Nearby Cash at $9.58 1/4, Jan 26 Soybeans closed at $10.48 1/2, Mar 26 Soybeans closed at $10.62 3/4.

Read more at Yahoo Finance: Soybeans Fall Lower into Tuesday’s Close