Soybeans are trading with 5 to 7 cent losses across most contracts at midday. The cmdtyView national average Cash Bean price is 4 1/2 cents lower at $10.60. Soymeal futures are down $3.00 to $3.50. Soy Oil futures were 23 to 35 points higher. There were 147 deliveries issued against December soybean meal on Friday night, with 122 for bean oil.
USDA tallied soybean export shipments at 920,194 MT (33.81 mbu) during the week ending on November 27. That was 56.4% below the same week in 2024 and up 13.8% from the week prior. Nothing was shipped to China. Italy was the top destination of 201,766 MT, with 126,925 MT headed to Egypt and 83,620 MT to Mexico. Marketing year exports for 2025/26 are now 11.87 MMT (436.27 mbu) since September 1, which is now 45.6% below the same period last year.
