Soybeans saw losses of 6 to 7 cents, with the national average Cash Bean price at $9.60 1/2. Soymeal futures were down 90 cents to $2. Soy Oil futures also dropped by 36 to 67 points. President Trump will have a call with China’s President Xi to discuss trade. Weekly Export Sales data showed 923,018 MT of soybeans booked, with Mexico and Spain as top buyers. Meal sales were at 31,151 MT for the current MY. CONAB predicts a 177.67 MMT Brazilian soybean crop for 2025/26, up from last year due to increased acreage. Soybean prices closed lower on Nov 25, with nearby cash down to $9.61 1/1.
Read more at Yahoo Finance: Soybeans Slide Lower Ahead of Trump/Xi Call on Friday
