Soybean prices showed mixed results on Thursday, with the cmdtyView national average Cash Bean price holding steady at $9.94. Soymeal futures increased by $0.60 to $4.80 per ton, while Soy Oil futures dipped 11 to 23 points. The USDA reported a private export sale of 192,350 metric tons of soybeans to unknown destinations.
On Friday, Export Sales data is anticipated, with expectations ranging between 1.5 and 3 million metric tons of soybean sales for the week ending January 15. Last week’s daily announcements totaled 1.403 million metric tons. Additionally, Brazil’s soybean crush estimate for 2026 has been increased by ABIOVE to 61 million metric tons, up 2.5 million metric tons from last year, with the country’s crop projected at 177.12 million metric tons.
