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Barchart
Barchart
Austin Schroeder

Soybeans Rally with the Help of Meal

Soybeans were supported by strength in soybean meal on Wednesday, with contracts up 8 to 10 cents. The cmdtyView national average Cash Bean price was up 10 cents at $10.85 1/2. Soymeal futures are $4.40 to $7.60 in the front months, with. Soy Oil futures up 7 to 23 points in the nearbys. The forecast for Argentina is looking a little drier as they look to finish out their growing season, likely adding to some meal strength at midday. 

The EPA is expected to send it’s 2026 biofuel mandates to the White House OMB this week. 

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