CBOT Soybean Futures Rally 1.3% on July 23 Amid U.S. Heat, Crude Oil Support

According to Jin10 Futures, on July 23, CBOT soybean futures rose 1.3% on concerns over potential heat waves in the U.S. Midwest and rising crude oil prices. Domestic soybean meal markets rallied in tandem with imported soybean costs, though ample domestic stocks and limited downstream demand capped the rally.
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