Soybeans are trading with contracts steady to fractionally lower in the nearbys at midday, after early losses. The cmdtyView national average Cash Bean price is down 1 3/4 cents at $12.60 3/4. Soymeal futures are down $1.30 to $2.00 on the day, with Soy Oil back down 92 to 103 points. There were no delivery notices overnight against September beans, with none for September meal and 256 for September bean oil.
USDA reported a private export sale of 202,000 MT to China this morning for 2026/27 shipment.
July soybean crush was released this afternoon with a total of 221.9 mbu of soybeans used by crushers in the month. That exceeded trade ideas, up 1.89% over June and was 8.16% larger than last year. Soybean oil stocks were seen at 1.963 billion lbs, down 6.4% from June and 4.73% above last year.
StoneX estimates the Brazilian soybean crop at 183.5 MMT, which is up 0.4 MMT from the previous number.
Sep 26 Soybeans closed at $12.95 1/2, down 11 1/4 cents,
Nearby Cash was $12.60 3/4, down 1 3/4 cents,
Nov 26 Soybeans closed at $13.17 1/2, down 1/4 cent,
Jan 27 Soybeans closed at $13.32 3/4, unch,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
/Medical%20lab%20microscope%20chemistry%20biology%20test%20by%20Shutter2U%20via%20Adobe%20Stock.jpeg)
/Jen-Hsun%20Huan%20NVIDIA's%20Founder%2C%20President%20and%20CEO%20by%20jamesonwu1972%20via%20Shutterstock.jpg)
/AI%20(artificial%20intelligence)/An%20aerial%20view%20of%20a%20data%20center%20cooling%20system%20by%20Sepia100%20via%20Adobe%20Stock.jpeg)
