Soybeans are trading with 17 to 19 cent losses across the front months on Thursday. The cmdtyView national average Cash Bean price was down 17 3/4 cents at $12.43 3/4. Soymeal futures is back down $14 to $15.70, with Soy Oil down 90 to 100 points.
The USDA reported a private export sale of 111,000 MT of soybeans for 2026/27 to China this morning.
USDA’s Export Sales report took the current marketing year sale commitments for corn to 20.631 MMT, more than double the same week last year. That is already 45% of the USDA export projection and ahead of the 36% average over the last 5 years.
Sinograin, China’s state stockpiler, is set to auction off 543,000 MT of imported beans next Tuesday.
Nov 26 Soybeans are at $13.02, down 17 3/4 cents,
Nearby Cash is at $12.43 3/4, down 17 3/4 cents,
Jan 27 Soybeans are at $13.18 3/4, down 18 1/4 cents,
Mar 27 Soybeans are at $13.28 1/2, down 17 1/4 cents,
