Soybeans are trading with 2 to 4 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 3 1/4 cents at $11.34 1/2. Soymeal futures are down 80 cents to $1.30 on the day, with Soy Oil futures 2 to 12 points lower.
Export sales data from USDA this morning showed 351,423 MT of 2025/26 soybean sales, which was on the higher side of the 150,000 MT to 450,000 MT estimates. That was a 4-week high and 14.12% larger than the same week last year. New crop sales were tallied at 172,729 MT, within estimates of 0-200,000 MT. That was a marketing year high for new crop, with total new crop sales at 509,642 MT still half of the same point last year.
