Soybean Jul '25 (ZSN25)
Soybean Futures Market News and Commentary
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at $11.27 1/2. Soymeal futures were down 30 cents to $3.10 in the front months on the session, with Soy Oil futures down 139 to 189 points at the close.Â
Crude oil was down $6.06 on the day following the US and Iran closing in on reaching a memorandum of understanding that would, among other things, allow for the safe passage through the Strait of Hormuz as well as a path to ending to conflict.
Export Sales data will be published on Thursday morning, with traders looking for 200,000-500,000 MT in 2025/26 soybean sales, for the last week of April. New crop sales are seen 0-100,000 MT. Soybean meal sales are seen in a range of 150,000-450,000 MT, with bean oil bookings expected to total net reductions of 12,000 MT to net sales of 20,000 MT.
Argus estimates the 2026/27 Brazilian soybean acreage total to grow just marginall... Read more
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Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
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The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
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Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
