Soybean prices decreased by 17 to 19 cents across contract months on Thursday, with the cmdtyView national average cash bean price at $12.43 3/4, down 17 3/4 cents. Soymeal futures dropped by $14 to $15.70, while soy oil fell by 90 to 100 points.
The USDA reported a private export sale of 111,000 metric tons of soybeans for the 2026/27 marketing year to China. Additionally, as of the current marketing year, corn export sales have reached 20.631 million metric tons, more than double the same week last year and representing 45% of the USDA’s export projection.
On the commodity exchange, November 2026 soybeans are priced at $13.02, January 2027 at $13.18 3/4, and March 2027 at $13.28 1/2.
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