Soybeans are in rally mode, with contracts 10 to 12 cents higher so far. The cmdtyView national average Cash Bean price is up 11 cents at $10.91 1/4. Soymeal futures are $2.70 to $3.30 high on the day, with Soy Oil futures up 100 to 110 points.
NOPA data from this morning showed March crush among members at 226.16 mbu, a record for the month but shy of estimates. That was up 8.32% from February and 16.25% above the March 2025. Soybean oil stocks were down 1.97% from the end of Feb at 2.04 billion lbs, which was still 36.11% above the same month last year.
May 26 Soybeans are at $11.68 3/4, up 10 3/4 cents,
Nearby Cash is at $11.02 1/2, up 11 cents,
Jul 26 Soybeans are at $11.84 1/4, up 11 1/2 cents,
Nov 26 Soybeans are at $11.55 1/2, up 11 1/2 cents,
New Crop Cash is at $10.94 3/4, up 11 3/4 cents,
