Soybeans posted 13 to fifteen cent good points throughout most contracts on Monday. There have been one other 76 deliveries issued on Friday night time, taking the full to 1,582 for the month. The cmdtyView nationwide common Money Bean value was 12 3/4 cents decrease at $10.56 3/4. Soymeal futures had been up $0.40 to $2.90 on Monday, with Soy Oil futures 90 to 94 factors increased.
USDA tallied soybean export shipments at 1.089 MT (39.99 mbu) through the week ending on November 6. That was 10.5% above the week prior however down 53.9% from the identical week final 12 months. Pakistan was the highest vacation spot of 186,773 MT, with 124,162 MT headed to Egypt and 94,883 MT to Indonesia. Advertising and marketing 12 months exports for 2025/26 at the moment are 8.889 MMT (326.626 mbu) since September 1, which is now 42% under the identical interval final 12 months.
Don’t Miss a Day: From crude oil to espresso, enroll free for Barchart’s best-in-class commodity evaluation.
China continues to be overlooked of the vacation spot checklist, with US FOB affords rising to above Brazilian affords within the final couple weeks.
Brazil’s soybean planting progress is estimated at 61% full as od 11/6, behind the 67% tempo from the identical time final 12 months.
Nov 25 Soybeans closed at $11.16, up 14 1/4 cents,
Close by Money was $10.56 3/4, up 12 3/4 cents,
Jan 26 Soybeans closed at $11.30, up 13 cents,
Mar 26 Soybeans closed at $11.39 1/4, up 13 1/2 cents,
On the date of publication,
Austin Schroeder
didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions.
For extra info please view the Barchart Disclosure Coverage
right here.
Extra information from Barchart
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
