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Friday, 27 June 2025
Investing

Soybeans Feel Meal Pressure, with Thursday Weakness

Soybean shut down a loss of 1 to 3 cents on Thursday, as the food is joining the multi-year climb pressure. CMDTYVIEW National Average Cash bean The price was at 1/4 cents at $ 9.79 1/2. Soyamil Since 2016, the futures were one and $ 4.70 to $ 5.40/tonne, which hit the lowest prices on the front month chart since 2016. Soy oil There were 56 to 69 points on the day.

The USDA reported a private export sale of 110,000 metric tonnes of soybean to Egypt for 2024/25 shipment this morning.

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Export sales data from this morning expected the 402,931 MT of 2024/25 Soyabean sold between 200,000 and 600,000 tonnes in the week ended on June 19. It was below before the week, but was 42.4% above the same week in 2024. The Netherlands was a top buyer of 63,400 MT, with Mexico 60,600 Mounts and 60,000 tonnes were sold to Egypt. The sales of the new crop exceeded the expected 0 to 150,000 mounts, at a distance of 156,153 meters in sales, the third highest. The Mexico was a 57,200 Mount buyer, with 55,000 metric tons of unknown destinations.

Sales for soybean food were only 93,945 mounts for 2024/25 and 166,129 for 2025/26, a total of 260,074 mt and expected 100,000 and 650,000 mt. Soybean oil sales was 4,023 metric tonnes, which was for a net sale of 34,000 metric tonnes at the bottom of a net cut of 10,000 metric tons.

Brazil’s soybean crop is estimated at 173.5 mm in Detgro, which was a 1.5 mm growth from the former number.

July 25 Soybean Closed at $ 10.22 3/4, 2 1/2 cents below,

Cash $ 9.79 1/2, 1/4 percent was up,

25 August Soybean Closed at $ 10.27 3/4, 1 3/4 cents below,

25 November Soybean $ 10.16 1/2, closed at 2 cents,

New crop cash $ 9.65 1/1, below 1/4 percent,

On the date of publication,

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