Soybean futures are up 15 to 18 cents midday Wednesday after slipping 5 to 6 cents on Tuesday. Open interest rose by 5,374 contracts, suggesting new selling interest. Cash bean price is up to $9.71. Soy oil is up due to tight stocks, with soybean meal and oil futures also rising.

USDA reported 120,000 MT of soybeans sold for the 2025/26 marketing year to unknown destinations under the daily reporting system.

Brazil’s July exports are estimated at 12.19 MMT, up from last year’s 11.25 MMT. Chinese importers expect July soybean arrivals to reach 10.5 MMT from all origins, an increase from the previous year.

Soybean prices for August, nearby cash, September, and January futures are all showing positive gains.

This information is solely for informational purposes and was originally published on Barchart.com.

Read more at Yahoo Finance: Soybeans Up Double Digits on Wednesday