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Barchart
Barchart
Austin Schroeder

HISTORICAL FACTS: Soybeans closes higher on thursday - Caught on Camera

Soybeans saw gains of 1 ¾ to 5 ½ cent gains in the front months on Thursday. The cmdtyView national average Cash Bean price was up 2 1/4 cents at $11.00 1/4. Soymeal futures were up 30 cents to $2.30, with Soy Oil futures up 42 to 96 points. 

Export Sales data from this morning showed sales at 668,901 MT for the 2025/26 marketing year. That was the largest in 5 weeks and down 15.42% from the same week last year. China was the buyer of 263,000 MT (260,000 MT switched from unknown), with 201,500 MT sold to Germany and 164,100 MT to Mexico. New crop sales were 27,000 MT, which was sold to unknown (25,000 MT) and Taiwan (2,000 MT). 

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