Soybean Nov '21 (ZSX21)
Soybean Futures Market News and Commentary
Soybeans firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in the front months. The cmdtyView national average Cash Bean price was up 3 cents at $11.32. Soymeal futures were 20 cents to $1.40 higher to close Thursday, with Soy Oil 5 points lower to 27 points higher.
A private export sale of 122,000 MT of soybeans was reported to China this morning for 2026/27. Wire reports suggested Chinese buyers purchased 10 cargoes of US soybeans on Thursday.
USDA released their weekly Export Sales report this morning with a total of 32,157 MT sold for old crop in the week of 7/30. That was a marketing year low as we get into the last month for 2025/26. New crop business was tallied at 903,920 MT. That was a 4-week low for 2026/27 sales. Unknown buyers were the bulk of the purchases, at 497,500 MT, with 330,000 MT sold to China.
Soybean meal sales were tallied at 248,090 MT in that week, in the middle of t... Read more
Barchart · Thu Aug 6, 5:04PM CDT
Soybeans firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in the front months....
Barchart · Thu Aug 6, 5:04PM CDT
The wheat complex was lower across the three markets on Thursday. Chicago SRW contracts were down 1 1/2 to 11 cents across the board, led by the nearbys....
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Walsh Trading · Thu Aug 6, 2:18PM CDT
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