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Barchart
Barchart
Austin Schroeder

Soybeans Facing Pressure as Products Retreat

Soybeans are falling on Thursday despite another round of export business, as contracts are down 6 to 9 ¾ cents. The cmdtyView national average Cash Bean price is down 9 cents at $10.70. Soymeal futures are down $4.90 to $5.10, with Soy Oil futures falling another 205 to 215 points. The market will round out the week today, with Friday off in observance of Juneteenth.

USDA reported a couple more private export sales of 132,000 MT to China and 120,000 MT to unknown for 2026/27 this morning. That follows the 372,000 MT (60,000/312,000 MT old/new) from Wednesday morning.

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