Soybean prices fluctuating, crop progress slightly ahead, stocks higher than last year.
From Yahoo Finance: 2025-07-01 13:06:00
Soybeans are trading steady to slightly lower on contracts, with deliveries issued overnight. Cash bean price is down, while soymeal futures are lower and soy oil is up. Crop progress report shows soybean emergence, blooming, and pod-setting slightly ahead of the 5-year average. Crop ratings remain steady.
USDA reports 1.007 bbu of soybean stocks on June 1, higher than last year. Acreage report shows 83.38 million acres planted, slightly below trade estimates. Trade expecting 204.9 mbu of soybeans crushed in May. Brazilian exports and crop estimates also slightly increased.
Current soybean prices show minor fluctuations, with July and August prices slightly down, November prices slightly up, and new crop cash prices up slightly. No mention of securities positions in the article. Information provided for informational purposes only.
Read more: Soybeans Looking at Mixed Action on Tuesday
