Soybeans Holding onto Weakness on Wednesday
Soybeans are trading with 4 to 8 cent losses at Wednesday’s midday. The cmdtyView national average Cash Bean price is down 4 1/4 cents at $11.85 1/2. Soymeal futures is down $2.40 to $2.80, as Soy Oil futures are down 80 to 90 points.
USDA reported a private export sale of 134,000 MT of soybeans to China this morning, all for 2026/27, with another 165,000 MT sold to Spain.
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Nov 26 Soybeans are at $12.43 3/4, down 4 1/2 cents,
Nearby Cash is at $11.85 1/2, down 4 1/4 cents,
Jan 27 Soybeans are at $12.57, down 6 1/2 cents,
Mar 27 Soybeans are at $12.65 1/2, down 7 3/4 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions 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.
