Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean price was down 4 3/4 cents at $11.29 3/4. Soymeal futures were down $1.30 to $2.80, with Soy Oil 22 to 48 points lower.
USDA will release their weekly Export Sales report on Thursday morning with analysts estimating sales of 100,000-400,000 MT for 2025/26 in the week of 7/30. New crop business are seen at 0.9-1.55 MMT in that week. Soybean meal is seen in a range of 200,000 to 500,000 MT, with bean oil expected to be between net cancellations of 10,000 MT to sales of 10,000 MT.
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