Soybeans prices decreased by 1 to 2 cents on Thursday, with the cmdtyView national average cash price at $10.84 3/4. Soymeal futures ranged from $1.20 to $2.20 lower, while soy oil futures rose by 91 to 109 points. November soybean futures averaged $11.08 in February, up 54 cents from last year, with Friday marking the final day for spring soybean crop insurance price discovery.
The EPA submitted its 2026 biofuel mandates for White House review on Wednesday and is reportedly considering reallocating half of the waived biofuel obligations from small refinery exemptions to larger oil refineries. In market updates, USDA’s Export Sales report showed sales of 407,086 MT for the week of February 19, with Egypt as the largest buyer at 225,800 MT.
