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Barchart
Barchart
Austin Schroeder

Soybeans Post Friday Gains, Despite Larger US Stocks

Soybeans posted 12 to 13 cent gains in the front months on Friday, as November was up 19 ¼ cents since last Friday. The cmdtyView national average Cash Bean price was up 13 cents at $9.70 1/4. Soymeal futures were up 60 cents to $1.50, with October up $7.10 on the week. Soy Oil futures closed with 49 to 59 point gains, as Octoer was up 86 points this week. The CME reported another 4 September soybean meal deliveries issued, with 2 reported for bean oil. September futures expires today.

USDA reported a private export sale of 22,000 MT of soybean oil sold to South Korea this morning for 2025/26 shipment.

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