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Austin Schroeder

Soybeans Hold Lower on Wednesday, as Contract Bounce Off Early Lows

CmdtyView

Soybeans slipped lower on Wednesday though nearby contracts bounced 6 to nearly 10 cents off the lows to close with losses of 3 to 10 cents. The cmdtyView national average Cash Bean price was down 2 3/4 cents at $11.87. Soymeal futures were down 40 cents to $2.60, as Soy Oil futures were 71 to 90 points lower.

USDA reported a private export sale of 134,000 MT of soybeans to China this morning, all for 2026/27, with another 165,000 MT sold to Spain.

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