Soybeans are holding steady on Friday morning. Futures were down 10 to 15 ¼ cents in the front months, with other contracts fractionally to 8 cents lower. Open interest suggested new selling, up 8,425 contracts. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $11.31. Soymeal futures were $3.70 to $5.10 higher across most contracts, with Soy Oil futures 90 to 120 points lower. There were no deliveries against July soy meal, wit 11 issued for bean oil.
USDA reported another private export sale of 136,000 MT of 2026/27 soybeans to China on Thursday morning, with 120,000 MT for 2026/27 to unknown destinations.