[US Soybean Market Indicator - October 21] US soybeans fell for the seventh consecutive day, breaking below the 50-day moving average and heading straight for the long-term support level of $12.40; rumors of an attack on oil tankers in the Strait of Hormuz caused oil prices to surge in early trading but then retreat; China bought over 105 million bushels in five days, but why couldn't it support prices? Click to read.