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Barchart
Barchart
Austin Schroeder

Soybeans Fading Another Round of Chinese Purchases, as Crush Falls in September

NOPA CmdtyView Oil USDA

Soybeans are down 10 to 12 cents across the front months at midday, as futures fade Chinese purchases and sell a bearish NOPA report. The cmdtyView national average Cash Bean price is down 11 1/4 cents at $12.07 1/2. Soymeal futures are down $3.50 to $3.70, with Soy Oil futures up 28 to 35 points.

USDA confirmed private export sales of 330,000 MT of soybeans to China this morning, all for 2026/27, with 283,450 MT sold to unknown destinations during the reporting period. That took the total announced for the week to just over 1 MMT.

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