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

07.25.2025

Sausage casings bulletin, July 25, 2025

Sausage casings bulletin, July 25, 2025

Runner market commentary

Membership required to view content.

...

Membership is required to view the...

07.18.2025

Sausage casings bulletin, July 18, 2025

Sausage casings bulletin, July 18, 2025

Runner market commentary

Membership required to view content.

...

Membership is required to view t...

07.11.2025

Sausage casings bulletin, July 11, 2025

Sausage casings bulletin, July 11, 2025

Runner market commentary

Membership required to view content.

...

Membership is required to view t...

Latest Tweets