Soybeans are trading with 30 to 44 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 44 cents at $11.20. Soymeal futures are back down $7.20, with Soy Oil futures falling 108 points. There were 80 deliveries issued against May meal futures overnight, with 41 issued against May beans. May futures expire today.
A meeting between President Trump and China’s President Xi in Beijing concluded early this morning. Few details were released following the meeting, though Secretary Bessent stated that “soybeans are all taken care of.”
