Soybean Export Sales Surge, Exceeding Expectations

Soybean Export Sales Surge, Exceeding Expectations

Most CME grain prices were higher on Thursday. The only grain market with a loss was May wheat, which dropped by $0.025 and closed at $5.28/bu. May soybeans jumped by $0.18 and settled at $11.66/bu. Additionally, May soymeal increased $4.00 and closed at $334.40/st, and May corn rose $0.0925 to $4.38/bu. The grain market climbed today as traders finalized their positions ahead of the highly anticipated World Agricultural Supply and Demand Estimates (WASDE) report from USDA. Wheat prices faced a slight decline, while corn prices showed minor gains following a round of technical buying and short-covering. Soybean prices followed the uptrend in other commodities, displaying double-digit gains.

Weekly Export Sales – Released March 7, 2024

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets