Prices Soybeans and coproducts futures prices closed out this week with lower prices: November Soybeans: -50.25 cents to end at 1404/bushel December Soymeal: -$19.40 to end at 402.30/ST December Soyoil: -2.27 cents to end at 65.70/pound
Quality The week started with USDA’s Crop Progress report categorizing 58 percent of the soybean crop in the Good/Excellent categories, down one percent from a week earlier but one percent higher than a year ago. Blooming is back on track and nearly complete with budding slightly behind average.
Exports Sales USDA’s weekly Export Sales report reflected net sales gains for old crop soybeans versus the cancellations of the recent few weeks. China revealed itself as the buyer of 80,800 M...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
