Soybeans posted gains of 3 to 9 ½ cents across most contracts, led by the front months on Wednesday. The cmdtyView national average Cash Bean price was up 15 1/4 cents at $10.85 1/4. Soymeal futures were steady to $1.90 higher, with Soy Oil futures mixed from 28 points higher to 24 points lower.
USDA will release their weekly Export Sales report on Thursday, as a Reuters survey shows analysts looking for between 300,000 and 650,000 MT of 2025/26 soybeans sold in the week of 6/25. New crop sales are seen in a range of 350,000 and 900,000 MT. Soybean meal sale are estimated to total 100,000 to 500,000 MT, with bean oil business in a range of 0 to 13,000 MT.
