Chicago Mercantile Exchange grain prices fell on Friday October 25, with the November soybean futures contract decreasing by 8.50 cents per bushel to settle at $9.87 per bu and December soymeal dropping by $4.60 per short ton to $305.80 per ton.
Meanwhile, the December CME corn futures contract declined by 6.25 cents per bu to $4.15 per bu, and December wheat futures fell by 12.50 cents per bu to $5.69 per bu.
Corn futures ended a four-day positive streak on Friday following a wave of technical selling. Soybean futures also fell, influenced by technical selling linked to ongoing harvest progress in the US and planting progress in South America. Wheat futures captured double-digit losses, driven by recent rains in the drought-stressed US Plains.
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