Soybean contracts have risen by 10 to 12 cents, with the cmdtyView national average cash bean price reaching $10.91¼, an increase of 11 cents. Soymeal futures experienced gains between $2.70 and $3.30, while soy oil futures increased by 100 to 110 points.
Recent NOPA data revealed that soybean crush for March hit a record 226.16 million bushels, an 8.32% increase from February and 16.25% above March 2025 estimates. However, soybean oil stocks declined by 1.97% from February, totaling 2.04 billion pounds, which remains 36.11% higher than the previous year.
As of May 26, May soybeans are priced at $11.68¾ (up 10¾ cents), nearby cash at $11.02½ (up 11 cents), July soybeans at $11.84¼ (up 11½ cents), and November soybeans at $11.55½ (up 11½ cents).
