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Barchart
Barchart
Austin Schroeder

Soybeans Fall with Profit Taking and Product Pressure

Soybeans were in the red on Wednesday with front months down 15 to 17 ¼ cents at the close. The cmdtyView national average Cash Bean price was 17 cents lower at $10.63 3/4. Soymeal futures were back down $9, with Soy Oil futures 105 points lower. A Reuters report indicated the EPA may delay their 50% cut to credits on imported feedstocks from the previously proposed 2026 start date.

USDA reported another 330,000 MT of soybeans sold to China via their daily announcement system this morning. That followed the 792,000 MT from Tuesday. 

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