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Barchart
Austin Schroeder

FOUND: Soybeans breaking to new highs on thursday - What They Never Told You

CmdtyView Oil USDA

Soybeans are rallying 18 to 20 cents across most contracts at midday. The cmdtyView national average Cash Bean price is up 19 cents at $12.70. Soymeal futures are trading with $5.30 gains, as Soy Oil is rallying 116 points. There were again no deliveries for September soybeans, with 39 issued for September meal and 1 for bean oil. September futures expire on Monday.

USDA reported private export sale announcements of 272,000 MT of soybeans to China for 2026/27 and 206,500 MT of 2026/27 beans to unknown destinations this morning. Weekly Export Sales data will be out on Friday morning.

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