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Barchart
Barchart
Austin Schroeder

Soybeans Losses Continuing Early on Thursday

Soybeans are trading with 4 to 6 cent losses so far on Thursday morning. The market saw lower trade on Wednesday with contracts down 9 to 10 cents in the nearbys. There were 126 deliveries issued against September beans. The cmdtyView national average Cash Bean price was down 9 3/4 cents at $9.54 1/4. Soymeal futures were up 40 cents in September but down $1.40 across other contracts.. Soy Oil futures were 69 to 82 points lower. There were 13 deliveries against September meal overnight, with 82 issued for September bean oil.

USDA reported a private export sale of 185,000 MT of soybean meal to the Philippines on Wednesday morning for 2025/26. The weekly Export Sales report is delayed until Friday.

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