Soybeans are trading with 1 to 2 cent lower action early on Friday. Futures closed Thursday with fractional to 8 cent losses. Open interest wa sup just 2,894 contracts. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.61 1/2. Soymeal futures were mixed, down $1.00 to $1.80 higher on the day, with Soy Oil futures 65 to 88 points lower.
USDA Export Sales data tallied 2025/26 bean sales at 211,292 MT for the week of 6/4. That was down 23.68% from last week but well above the same week last year. Egypt was the buyer of 67,600 MT, with Japan in for 56,400 MT. New crop sales were 141,500 MT, back down from the week prior by 41.77%. Unknown was the largest buyer of 120,000 MT. Total new crop sales have accumulated to 1.032 MMT, down 7.69% from last year at this time.
