Soybeans posted 3 to 10 ¼ cent losses throughout most contracts on Tuesday. The cmdtyView nationwide common Money Bean value was down 8 3/4 cents at $9.81. Soymeal futures have been down $1.30 to $1.90/ton, as Soy Oil was up 4 to 18 factors.
USDA reported a non-public export sale of 144,000 MT of soybean meal to Philippines this morning, with 97,000 MT or 2024/25 and 47,000 MT for 2025/26.
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Crop Progress information confirmed 32% of the US soybean crop looming by Sunday, barely forward of the 31% common, with 8% setting pods. Situation rankings have been regular at 66% gd/ex, with the Brugler500 index up 1 level to 369. Rankings in IL have been down 2 factors, with OH shedding 6 factors. Enchancment was famous in IN (+3), IA (+6), NE (+7), and SD (+11).
The EU fee estimates EU soybean imports at 14.52 MMT for the 2024/25 MY from July 1 of final 12 months to June 30, up from 13.2 MMT final 12 months.
Jul 25 Soybeans closed at $10.24 1/4, down 7 1/2 cents,
Close by Money was $9.81, down 8 3/4 cents,
Aug 25 Soybeans closed at $10.21 1/4, down 10 1/4 cents,
Nov 25 Soybeans closed at $10.17 1/2, down 3 1/4 cents,
New Crop Money was $9.69 3/4, down 3 1/2 cents,
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