Soybeans are showing 9 to 10 cents across most contracts so far at midday, with exception to soo to expire September. There were 10 deliveries issued against September soybeans overnight. The cmdtyView national average Cash Bean price is up 9 1/4 cents at $9.57. Soymeal futures are up $2.60 to $6.60, with Soy Oil futures steady to 29 points higher. The CME reported another 96 September soybean meal deliveries issued, with none reported for bean oil.
The weekly Export Sales release from USDA showed 541,055 MT in the week of 9/4, on the low end of analysts estimates of 0.4 and 1.6 MMT of 2025/26. A total 767,049 MT of unshipped 2024/25 sales were carried over to the new marketing year. Total commitments start out the 2025/26 MY at 9.12 MMT, the second lowest Going back to the 09/10 MY, behind 2019/20. There were 67,849 MT of 2024/25 sales reported late to China
