Soybean Mar '25 (ZSH25)
Soybean Futures Market News and Commentary
Soybeans are pushing the fresh 2 year highs further at midday, with gains of 5 to 8 cents at midday. The cmdtyView national average Cash Bean price is up 5 cents at $12.05 1/2. Soymeal futures were $1.30 to $2.00 higher, with Soy Oil futures up 2 to 7 points.Â
USDA reported a private export sale of 126,000 MT of soybeans to unknown destinations this morning for 2026/27.
Weekly Export Sales data from USDA showed bookings of 56,351 MT, in the week of 7/16, within analysts ideas of net cancellations of 200,000 MT to sales of 400,000 MT. That was the third lowest for the marketing year but normal as we approach the end of July. Â Sales for 2026/27 were tallied at 1.537 MMT, vs. estimates of between 1-1.8 MMT. That was the second largest for the marketing year forward sales, and nearly triple the same week last year.
Meal sales totaled 591,179 MT, which exceeded the trade ideas of 100,000 to 575,000 MT, with most of that for 2026/27 at 406,130 MT and 185,049 MT set for t... Read more
Barchart · 1 hour ago
Soybeans are pushing the fresh 2 year highs further at midday, with gains of 5 to 8 cents at midday. The cmdtyView national average Cash Bean price is...
Barchart · 1 hour ago
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