Soybeans are trading with 4 to 5 cent gains so far on Monday AM trade. Futures posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. Open interest was down 453 contracts on Friday, suggesting a rotation of ownership. The cmdtyView national average Cash Bean price was up 10 3/4 cents at $11.50. Soymeal futures closed the session with contracts up a dime to $2.80, with September up $1.30 last week. Soy Oil were 9 to 65 points higher, with September 120 in the green for the week. There were 120 deliveries against August beans on Friday, with 12 for bean meal and 1 for soy oil. They expired on Friday.
USDA reported a private export sale of 136,000 MT of soybeans to China on Friday morning for 2026/27 shipment. That took the total sales announced for last week to 641,000 MT all to China.
