Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4 cents at $10.97 1/4. Soymeal futures were mixed, with contracts 20 cents higher to 80 cents lower. Soy Oil futures reverted from midday losses to close mostly 5 to 34 points higher, as May was down 2 points.
USDA’s weekly Export Sales report from Thursday showed 364,633 MT of old crop bean sales in the week of April 16, a 4-week high and 72.64% above the same week last year. Egypt was the top buyer of 93,600 MT, with 78,700 MT sold to Japan. Sales for 2025/26 were just 5,000 MT, all to Malaysia.
