Soybeans Extend Higher on Tuesday

From Yahoo Finance: 2025-06-17 18:17:00

Soybean market closed higher on Tuesday, with contracts up 4 to 8 cents. Soymeal futures also rose $1.40 to $3.20/ton, while Soy Oil saw slight losses. USDA reported a private export sale of 120,000 MT of soybean meal to unknown destinations. Weekly USDA crop progress report showed a 2% drop in soybean conditions to 66% gd/ex. EU soybean imports at 13.58 MMT, up from last year. Brazilian soybean exports projected to total 14.37 MMT in June. Prices for July, August, and November soybeans closed higher.



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