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Austin Schroeder

Soybeans Holding onto Gains at Midday

CmdtyView Oil USDA

Soybeans are trading with 1 to 4 cent losses across most contracts on Friday. The cmdtyView national average Cash Bean price is up 3 1/2 cents at $11.34 3/4. Soymeal futures are up $2.30 to $3.80 on the day, with Soy Oil futures 40 to 45 points higher. The CBoT will be closed on Monday for Memorial Day, with the Tuesday session showing a normal open.

USDA reported a private export sale of 252,000 MT of soybean meal to unknown destinations, with 117,000 MT for 2025/26 and 135,000 MT for 2026/27.

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