On Wednesday, August 26, soybean prices fell significantly, with losses reaching up to 34 cents. The cmdtyView national average Cash Bean price decreased by 31 ¾ cents to $11.46 ¼. Soymeal futures dropped between $2.50 and $5.00, while Soy Oil futures lost 30 to 159 points.
In the week starting July 23, USDA export data is expected to show weekly Export Sales of U.S. soybeans ranging from a net reduction of 200,000 to an increase of 300,000 metric tons (MT) for the 2025/26 cycle. New crop sales are predicted to fall between 0.7-1 million MT, while soybean meal sales are anticipated between 200,000 and 550,000 MT.
As of August 26, the closing prices for soybeans included $11.78 (down 34 cents) for the nearby contract, $11.76 (down 28 ¾ cents) for September, $11.92 ¾ (down 27 ¼ cents) for November, and $11.34 ¼ (down 26 ½ cents) for the new crop contract.
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