On Wednesday, soybean futures were down 1 to 2 ½ cents, with the cmdtyView national average cash bean price at $9.89 ¼, a decline of 2 ¾ cents. Soymeal futures decreased by $3.30, while soy oil futures remained steady. USDA reported private export sales of 198,000 MT of soybeans to China and 125,000 MT to unspecified locations.
ANEC has revised Brazilian soybean export estimates for December to 3.57 million metric tons, up by 0.24 million metric tons from the previous week. January 2026 soybeans are trading at $10.60 ¼, March 2026 at $10.70 ½, and May 2026 at $10.81 ¾, reflecting declines of 2 ½ cents, 1 ¼ cents, and 1 ¼ cents, respectively.
