Soy is 15 to 18 cents higher towards noon on Wednesday. The term contracts slipped lower on Tuesday, moving from 5 to 6 cents in the red. Tuesday’s preliminary interests increased by 5,374 contracts, referring to a new net interest in sale. The national CMDTYVIEW CASSE in cash price increased by 18 cents this morning to $ 9.71. Soy oil is in place for a fifth consecutive day, supported by confirmation of tight shares in the report of Tuesday NOPA (1.366 billion pounds). Tower contracts on the node are negotiated $ 4-5 / tonne higher than Tuesday, because the term contracts on soybean oil increased by 10 to 14 points. President Trump announced on Tuesday a preliminary trade agreement with Indonesia, including commitments to buy $ 4.5 billion in AG products.
This morning, the USDA reported an export sale for the 2025/26 marketing year as part of the daily reporting system. Private exporters reported that 120,000 MT of American soybeans sold “unknown” destinations.
July exports outside Brazil are estimated at 12.19 mmt according to the ANEC, an increase of 0.26 mmt compared to last week’s estimate, and would be an increase compared to the 11.25 mmt last year. Chinese importers estimate soybeans in July to reach around 10.5 mmt of all origins, against 9.85 mmt a year ago.
August 25 The soy is at $ 10.11, up 16 cents,
The nearby money is $ 9.73 1/4, up 17 cents,
Sep 25
January 26 The soy is $ 10.34 1/4, up 15 1/4 cents,
On the date of publication, Austin Schroeder had (directly or indirectly) positions in any of the titles mentioned in this article. All information and data of this article are only for information purposes. This article was initially published on Barchart.com
