On Friday, soybean futures are trading 11 to 13 cents lower after experiencing significant losses of 20 to 40 ¾ cents on Thursday. The national average cash bean price is down 36 cents, currently at $11.28. Soymeal futures declined by $3.90 to $6, while soy oil futures fell between 44 to 83 points. In the previous evening’s market, May soybeans received 41 delivery notices.
The latest Export Sales report indicated that only 102,059 MT of old crop beans were sold, marking a marketing year low for 2025/26 and down 28.1% from the previous week. Major buyers included Indonesia with 72,600 MT and China with 68,600 MT, while new crop business totalled 80,800 MT, all to Mexico. Additionally, the Brazilian crop outlook for 2025/26 was updated, raising it by 0.98 MMT to 180.13 MMT.
NOPA data, anticipated later today, is expected to show that 214.03 million bushels of soybeans were crushed in April, with soybean oil stocks projected at 1.954 billion pounds.
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