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Barchart
Barchart
Austin Schroeder

Soybeans Rallying into Friday’s Midday Despite Higher Stocks Number

Soybeans USDA CmdtyView Oil United States

Soybeans are showing 9 to 10 cent gains so far on Friday, following a production and stocks increase by the USDA. There were 24 deliveries issued against September soybeans overnight. The cmdtyView national average Cash Bean price is up 9 cents at $9.66 1/4. Soymeal futures are up $1.30, with Soy Oil futures 41 points higher. The CME reported another 4 September soybean meal deliveries issued, with 2 reported for bean oil. September futures expire 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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