Soybeans closed the Monday session with contracts down 1 to six cents. The cmdtyView nationwide common Money Bean value was down 3 3/4 cents at $11.21 1/4. Soymeal futures have been down 40 cents to $3.30, with Soy Oil futures 137 to 173 factors larger.
Weekly Crop Progress information indicated 87% of the US soybean crop planted by Sunday, 7% quicker than regular. Emergence was 8 proportion factors forward of common at 65%. Crop rankings have been launched this week, displaying 66% of the US soybean crop in good or wonderful situation, down 1% from the identical week final 12 months and beneath the 68% estimate. That interprets to a 369 on the Brugler500 index, a 3-year low, and the 4th lowest preliminary score within the final 13 years.
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NASS Fat & Oils information confirmed soybean crush throughout April at 218.4 mbu, coming in 3.7 mbu above the common commerce estimate. That was down 5.76% from March however up 7.94% from April 2025. March crush was additionally revised 4.4 mbu larger. Full advertising 12 months crush September to April is 1.784 bbu, up 8.7% yr/yr. Soybean oil shares have been down 6.2% from final month at 2.44 bbu.
Export Inspections information confirmed 494,286 MT (18.16 mbu) of soybeans shipped within the week that ended on Might 28. That was down 16.1% from final week however 64% larger than the identical week final 12 months. China was the highest vacation spot of 206,771 MT, with 110,873 MT to Egypt and 79,933 MT to Japan. Advertising and marketing 12 months shipments have totaled 35.648 MMT (1.309 bbu), which is down 20.2% yr/yr.
Brazil’s soybean manufacturing quantity from StoneX was up 0.18 MMT from their earlier estimate, at 181.8 MMT.
Jul 26 Soybeans closed at $11.80 3/4, down 6 cents,
Close by Money was $11.21 1/4, down 3 3/4 cents,
Aug 26 Soybeans closed at $11.85, down 5 1/4 cents,
Nov 26 Soybeans closed at $11.88 3/4, down 1 1/4 cents,
New Crop Money was $11.24 1/2, down 1 1/4 cents,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions.
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