Soybean Meal Micro Jul '26 (SMN26)
Soybean Meal Micro Futures Market News and Commentary
Soybeans are trading 5 to 7 cents in the green so far on Monday morning. Futures saw fractional losses in some deferreds, with nearbys down 7 ¾ cents on Friday. July was down 9 ¾ cents last week. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.25 3/4. Soymeal futures were down $2.20 to $4.30, with July down $2.10 on the week. Soy Oil futures 49 to 102 points higher and July up 374 points last week.Â
Export Sales data was released Friday morning, with a total of 299,899 MT of old crop bean sales during the week of May 21. That was down from the week prior but still the more than double the same week last year. Mexico was the lead buyer of 86,800 MT, with 64,000 MT sold to unknown destinations. New crop business was 137,708 MT, which was back down from last week but still the second largest for the MY. The top buyer was Mexico at 60,400 MT, with 27,000 MT sold to Taiwan.Â
Soybean meal sales were tallied at 303,974 MT for 2025/26 and 137,242 MT fo... Read more
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