Soybean Prices Ease Lower Friday Amid Mixed Export Sales, NOPA Data in Focus

USDA Export Sales data shows the 2025/26 soybean business at 40.15 MMT, representing 97.7% of the USDA projection following Thursday’s downward revision, trailing the 100% average sales pace. Shipments have reached 36 MMT—87.6% of the revised USDA figure and nearing the 91% average shipping rate. Total new crop sales have accumulated to 1.032 MMT, down 7.69% from last year at this time.

WASDE data revealed steady old crop US stocks at 340 mbu, though there was an internal shift of 20 mbu from exports to crush. New crop stocks remain unchanged at 310 mbu. Internationally, Brazilian production holds at 180 MMT, while Argentina increased by 2 MMT to 50 MMT.

NOPA data will be released Monday, with traders expecting May crush at 216.02 mbu, within the estimated range of 207.28 to 223.1 mbu. Soybean oil stocks are projected at 1.855 billion lbs.

Jul 26 Soybeans are at $11.13 3/4, down 1 1/4 cents;
Nearby Cash is at $10.60 1/2, down 1 cent;
Aug 26 Soybeans are at $11.18 3/4, down 1 3/4 cents;
Nov 26 Soybeans are at $11.31 3/4, down 2 1/4 cents;
New Crop Cash is at $10.67 1/2, down 1 3/4 cents.

Source link