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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Soybeans feeling pressure on thursday - You Need To See This

Soybeans are showing 1 to 5 cent losses on Thursday, led by the front months at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents at $10.96. Soymeal futures are up 90 cents to $1.00 on the day, with Soy Oil futures down 42 to 54 points in the front months. 

USDA’s weekly Export Sales report from Thursday showed 364,633 MT of old crop bean sales in the week of April 16, in the middle of trade ideas of 200,000 to 600,000 MT. That was a 4-week high and 72.64% above the same week last year. Sales for 2025/26 were just 5,000 MT, vs. estimates of 0-100,000 MT. 

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