Soybeans fell 20 to 27 cents across most contracts on Thursday, as product values added some pressure. The cmdtyView national average Cash Bean price was down 24 1/2 cents at $10.70. Soymeal futures were $3.20 to $7.10 in the red, with Soy Oil futures 123 to 242 points lower. Crude oil losses of $3.11 added some pressure.
Export Sales data from this morning pegged old crop business at 276,852 MT, a 3-week low but still 42.45% above the same week last year. China was the largest buyer of 74,800 MT, with 67,400 MT sold to Mexico and 53,700 MT to Indonesia. Sales for 2026/27 were tallied at 243,000 MT. Unknown destinations was the largest buyer of 132,000 MT, with 68,000 MT sold to Costa Rica.
