Soybeans posted Thursday losses of 1 ¼ to 6 ¾ cents across the board at the close. The cmdtyView national average Cash Bean price was down 6 1/2 cents at $11.30 1/2. Soymeal futures were down $2.30 to $2.80 on the day, with Soy Oil futures 19 to 79 points lower.
Export sales data from USDA this morning showed 351,423 MT of 2025/26 soybean sales. That was a 4-week high and 14.12% larger than the same week last year. Unknown destinations was the buyer of 171,900 MT, with Egypt in for 59,800 MT. New crop sales were tallied at 172,729 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. The largest buyer for new crop was unknown at 132,000 MT, with 40,700 MT sold to Mexico.
