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Barchart
Barchart
Austin Schroeder

THE TRUTH ABOUT: Soybeans bouncing ahead of usda data - The Untold Story

Soybeans are trading with 3 to 4 ½ cent gains in final pre-USDA report squaring. Futures posted Tuesday losses of 3 to 10 ¾ cents across most contracts, led by the front months. The cmdtyView national average Cash Bean price was down 10 cents at $11.26 1/4. Soymeal futures were 30 to 70 cents lower in the front months and steady to $1 higher in the deferreds, with Soy Oil dropping 48 to 102 points.

USDA reported a private export sale of 136,000 MT of soybeans to China on Tuesday morning for 2026/27 shipment, with 180,000 MT of soybean meal sold to the Philippines.

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