Soybeans Leading the Rally at Thursday’s Midday

Soybeans are up 12 to 17 cents in most contracts on Thursday.  The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal futures are up $2.40 to $2.70 in the nearbys, with Soy Oil futures back up 55 to 70 points.

Precip heading into July is limited in portions of NE, SD, IA, the southern portions of MN/WI as well as the northern areas of the Eastern Corn Belt according to the NOAA 7-day QPF. Rain totals of 1 to 3 inches are seen in much of the ECB.

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Export Sales data from this morning indicated 455,405 MT of 2025/26 soybean sales in the week of June 18, on the high side of estimate of between 100,000 to 500,000 MT. That was a 12 week high for old crop business and 13.02% larger than the same week last year. Sales for the new crop marketing year in the week ending were tallied at 902,159 MT, which fell between 0.45 to 1 MMT estimates. That was a mark

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/commodities/articles/soybeans-leading-rally-thursday-midday-171226356.html)