Soybean Mar '24 (ZSH24)
Soybean Futures Market News and Commentary
Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary open interest was up 14,419 contracts. The cmdtyView national average Cash Bean price was down a penny at $11.55. Soymeal futures were $2.00 to $4.00 higher at midday, while Soy Oil futures were 29 to 49 points lower.
Export Sales data from Thursday showed 188,274 MT of old crop soybean sales in the week of July 9. That was a 3 week high but down 30.74% from the same week in 2025. China was the buyer of 133,900 MT with 51,100 MT sold to Egypt. New crop business came in at 1.77 MMT for that week. That was a MY high and takes the total for the new crop business to 4.598 MMT. China was the buyer of 1.056 MMT, with 624,600 MT sold to unknown destinations.
Soybean meal export sales hit 228,235 MT in the reporting week, with 177,043 MT for the current marketing year, within estimates of 150,000 MT to 650,000 MT. Bean oil booking... Read more
Barchart · Fri Jul 17, 7:18AM CDT
Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary...
Barchart · Fri Jul 17, 7:18AM CDT
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Barchart · Fri Jul 17, 7:18AM CDT
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Barchart · Thu Jul 16, 5:29PM CDT
The wheat complex slipped back on Thursday, with contracts marginally lower. Chicago SRW contracts saw nearby losses of 1 to 3 cents on the day. KC HRW...
Barchart · Thu Jul 16, 5:29PM CDT
Soybean futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. The cmdtyView national average Cash Bean price was down a penny...
Barchart · Thu Jul 16, 5:29PM CDT
Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at...
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