Soybeans faded the early/overnight gains and Chinese business on Wednesday, with contracts down 6 ½ to 8 ¾ cents at the close. The cmdtyView national average Cash Bean price was down 6 1/4 cents at $12.18 1/2. Soymeal futures were steady to $1.30 higher at the close, with Soy Oil futures down 62 to 99 points. October futures expired today. EPA released on Tuesday they would reallocate 100% or he 1.756 billion RINs of small refinery exemptions from 2025, but is still uncertain of if it would be in 2026 and 2027, or all in the latter.
USDA confirmed private export sales of 470,000 MT of soybeans to China this morning, all for 2026/27.
