Soybeans are up 11 to 15 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 15 cents at $11.17 1/4. Soymeal futures are up $9.50 to $9.70 in the front months, with Soy Oil futures up 20 to 24 points.
USDA’s FGIS tallied soybean export shipments at 628,826 MT (23.1 mbu) during the week ending on April 23. That was 16.9% below the week prior but 36.9% above the same week last year. China was the top destination of 247,121 MT, with 92,443 MT headed to Mexico and 92,442 MT to Indonesia. Marketing year exports for 2025/26 are 32.81 MMT (1.206 bbu) since September 1, which is now 24% below the same period last year.
