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Austin Schroeder

Soybeans Rallying on Bean Oil Strength, as EPA Looks to Finalize 2026 Quotas

Soybeans EPA Oil CmdtyView USDA

Soybeans are trading with Thursday gains of 11 to 13 ¼ cent gains. There were 68 deliveries issued against January soybeans as they expired on Wednesday, with the total for the period at 3,397. The cmdtyView national average Cash Bean price is 13 1/4 cents higher at $9.84 1/2. Soymeal futures are down $2 at midday, as Soy Oil futures are rallying 197 to 200 points. There were 11 deliveries against January bean meal overnight, with 3 for soy oil.

USDA reported several private export sales this morning of 435,000 MT of soybeans during the reporting period to unknown destinations (360,000 MT for 2025/26 and 75,000 MT for 26/27). There were additional sales of 110,000 MT sold to unknown, and 204,000 MT to China.

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