On Thursday, July 26, soybean prices experienced fractional to 8 cent losses, with the cmdtyView national average cash bean price dropping by 7 3/4 cents to $10.61 1/2. Soymeal futures were mixed, while soy oil futures decreased by 65 to 88 points.
The USDA’s weekly Export Sales report indicated that for the week ending June 4, 2025/26 bean sales totaled 211,292 metric tons (MT), down 23.68% from the previous week but exceeding last year’s figures. Major buyers included Egypt (67,600 MT) and Japan (56,400 MT). New crop sales stood at 141,500 MT, a decline of 41.77% from the prior week. Total new crop sales have reached 1.032 million MT, a decrease of 7.69% compared to last year.
In global production estimates, Brazil’s soybean output was maintained at 180 million metric tons (MMT), while Argentina’s increased by 2 MMT to 50 MMT. The world’s carryout for 2025/26 rose to 125.52 MMT due to increased supplies from Argentina.
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