Soybeans trade was mixed with nearby contracts down and new crop up slightly

From Yahoo Finance: 2025-06-30 18:10:00

Soybeans closed with nearby contracts down 3 ¾ cents and new crop up 2 to 3 cents. Soymeal futures were up 20 cents to $1.30 higher. A private export sale of 204,000 MT of soybean meal was reported by the USDA. The NASS Crop Progress report showed 94% of the US soybean crop emerged, with steady ratings of 66% good/excellent.

USDA released their Grain Stocks report, showing 1.007 mbu of soybean stocks on June 1, 37 mbu larger than the year prior. The annual Acreage report revealed 83.38 million acres of soybeans planted, slightly below trade estimates. Export Inspections data showed 224,787 MT of soybeans shipped in the week ending June 26, with Mexico as the top destination.

Soybeans closed at $10.24 1/4, down 3 1/2 cents. Nearby Cash was $9.81 1/2, down 3 3/4 cents. Aug 25 Soybeans closed at $10.29 3/4, down 3 1/2 cents. Nov 25 Soybeans closed at $10.27, up 2 1/4 cents. New Crop Cash was $9.76 3/4, up 2 1/2 cents.



Read more at Yahoo Finance: Soybeans Post Marginally Mixed Trade on USDA Report Day