Soybeans closed Thursday trade with contracts 11 to 14 ½ cents lower, as November was the exception ahead of Friday’s expiration, down 2 cents. The cmdtyView national average Cash Bean price was down 8 1/2 cents at $11.60 1/4. Soymeal futures were down $2.20 to $4.30, with Soy Oil futures 41 to 51 points lower.

The USDA reported a private export sale of 136,000 MT of soybeans for 2026/27 all to China this morning.

Export Sales data will be pushed back to Friday due to the Wednesday Veterans Day federal holiday. Traders surveyed by Reuters are looking for 0.85-2 MMT in 2026/27 soybean sales in the week ending on 11/5. Bookings for 2027/28 are estimated to total 0-50,000 MT. Soybean meal sales are seen in a range of 250,000 to 450,000 MT, with bean oil between 0-10,000 MT. 

Nov 26 Soybeans  closed at $12.27, down 2 cents,

Nearby Cash  was $11.60 1/4, down 8 1/2 cents,

Jan 27 Soybeans  closed at $12.19, down 11 3/4 cents,

Mar 27 Soybeans  closed at $12.25, down 13 cents,

Nov 27 Soybeans  closed at $11.76, down 12 1/4 cents,

New Crop Cash  was $11.08 3/4, down 12 1/2 cents,

On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.