Soybeans posted double digit gains in the nearbys on Thursday, as contracts were 10 to 13 ¼ cents higher at the close, with back months 2 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 12 3/4 cents higher at $10.73. Soymeal futures were up $2.50 to $7.40 in the nearbys on the day, with Soy Oil futures 30 to 37 points lower.
Export Sales data from the week of September 25 was released this morning, showing 870,533 MT of soybeans sold in that week. Soybean meal sales were tallied at 623,515 MT for 2025/26, with cancellations of 216,215 MT for 2024/25 (which ended on 9/30). Bean oil bookings were 13,598 MT.
