Soybeans Joining in on the Grain Rally
Soybeans are trading with 20 to 21 cent gains at midday. The cmdtyView national average Cash Bean price is up 21 cents at $12.22 1/2. Soymeal futures are $6.90 to $7.90 higher so far on the day, with Soy Oil back down 34 to 37 points.
USDA reported a private export sale of 333,000 MT of soybeans to China this morning for 2026/27.
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China’s Sinograin sold 222,782 MT of the 290,000 MT of imported soybeans offered on the Wednesday auction overnight.
Sep 26 Soybeans are at $12.48, up 20 cents,
Nearby Cash is at $12.22 1/2, up 21 cents,
Nov 26 Soybeans are at $12.59, up 21 1/4 cents,
Jan 27 Soybeans are at $12.73 1/2, up 21 1/4 cents,
New Crop Cash is at $12.01 1/1, up 20 1/4 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.
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