Soybeans are trading with 43 to 49 cent gains in the front months at Monday’s midday. There was just 1 delivery issued against July futures on Thursday, with 0 for July meal and bean oil. The cmdtyView national average Cash Bean price is up 43 1/4 cents at $11.32 3/4. Soymeal futures are $8.50 to $8.80 higher on the day, with Soy Oil futures 68 to 140 points higher.
USDA’s FGIS tallied soybean export shipments at 528,350 MT (19.41 mbu) during the week ending on July 2. That was up 19% from the week prior and 31.9% above the same week last year. China was the top destination of 268,115 MT, with 64,664 MT headed to Mexico and 46,176 MT to Japan. Marketing year exports for 2025/26 are 37.85 MMT (1.39 bbu), which is now 18.2% below the same period last year.
