Soybeans are trading with 3 to 8 cent losses across most contracts on Tuesday. The cmdtyView national average Cash Bean price is down 4 1/4 cents at $11.47 1/2. Soymeal futures are down $1.70 to $2.10, with Soy Oil futures up 2 to 4 points lower in the front months.
USDA reported a private export sale of 134,000 MT of soybeans this morning, to unknown destinations for the 2026/27 marketing year.
Crop Progress data from Monday afternoon indicated 88% of the US soybean crop harvested as of Sunday, now 4 points ahead of average.
NASS released their monthly Fats & Oils reports on Monday, showing 198.8 mbu of soybeans crushed in September. That was a 5.16% drop from last month and 2.99% below the same month in 2025. Soybean oil stocks were down 14.08% from last month to 1.457 billion lbs, a 17.58% drop from last year and a record low for the data set.
Brazil’s soybean crop is estimated at 184.95 MMT according to StoneX, up 1.59 MMT from their prior number.
Nov 26 Soybeans are at $12.01, down 3 3/4 cents,
Nearby Cash is at $11.47 1/2, down 4 1/4 cents,
Jan 27 Soybeans are at $12.12 1/2, down 4 1/4 cents,
Mar 27 Soybeans are at $12.20 1/4, down 6 1/4 cents,
Nov 27 Soybeans are at $11.92 3/4, down 7 3/4 cents,
'27 New Crop Cash is at $11.25 1/4, down 8 1/2 cents,