Soybeans Start the Week with Gains

Soybeans began the week with gains of 3‑7 cents.

China‑Specific Export Move

■238,000 MT of soybeans were sold to China for delivery in 2026/27.

Futures and Cash Market Movements

■Futures were mostly down 1‑3 cents; August contracts fell 11 ¾ cents on the week.

■The cmdtyView national average Cash Bean price rose to $11.33 ¾.

■Soymeal futures slipped $2.60, with August down $6 last week.

■Soy oil gained 40‑50 points, up $0.98 for the week.

Trader Positions and Production Outlook

■Commitment of Traders data showed a reduction of 29,535 contracts from net long positions; net long stands at 125,466 contracts.

■A Reuters trader survey expects NASS to peg U.S. soybean yield at 52.9 bpa; harvested acres projected at 84.564 million acres, production at 4.472 bbu.

Weekly Price Closings

■Aug 26: $11.56 ½ (‑¾ cent), currently +3 ½ cents.

■Sep 26: $11.59 (‑1 cent), currently +6 ¼ cents.

■Nov 26: $11.76 ¼ (‑1 ½ cents), currently +5 ¾ cents.

■New Crop Cash: $11.17 1/1 (‑1 ¼ cents).

The recent gains in the soybean market may stem from short‑term supply‑demand tightness; however, weather conditions and long‑term production trends will continue to shape prices. Investors should closely monitor export flows and CFTC positioning.