Soybeans saw gains on Friday, with March down just 4 ¾ cents for the week. Cash Bean price averaged $9.87 1/4, up 5 1/4 cents. Soymeal futures rose 80 cents to $2.40 higher. Soy Oil futures fell on Friday but were up 292 points for the week. Martin Luther King Jr. Day will close markets on Monday.

Spec traders decreased their net long in soybean futures and options to 12,961 contracts. Export Sales data shows soybean commitments at 30.637 MMT, 25% lower than 2025. Actual shipments are 17.984 MMT, well behind USDA estimates. Safras raised Brazilian crop estimate to 179.28 MMT.

Soybean prices closed higher in March, May, and July 2026 contracts. Austin Schroeder had no positions in mentioned securities. Information in the article is for informational purposes only. Source: Barchart.com.

Read more at Yahoo Finance: Soybeans Post Strength on Friday