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Barchart
Barchart
Austin Schroeder

Soybeans Fall Despite Another Round of Chinese Purchases, as September Crush Drops

Soybeans fell further into the close on Thursday, down 10 to 14 ¼ cents as futures faded Chinese purchases and sell a bearish NOPA report. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $12.04. Soymeal futures were down $1.20 to $4.70, with Soy Oil futures up 9 points to 21 points lower.

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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