Soybean Futures Fluctuate on USDA Reports, Weather, and Export Data
Soybean futures experienced volatility in late June to early July 2026, driven by positioning ahead of key USDA reports (June Acreage, WASDE), shifting crop condition ratings, and weather concerns. Prices fell initially on expectations of high planted acreage (85.2 million) and reduced ratings, then rallied sharply on strong export data (especially to China) and dry conditions in key U.S. growing regions. Speculators trimmed net long positions, while export shipments showed mixed year-over-year trends.
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Soybeans Give Back Early Session Gains on Thursday
Soybean futures traded 5 to 6 cents lower at midday on July 16, 2026, as profit taking reversed early gains from Wednesday's rally above $12 resistance. The cmdtyView national average cash bean price fell 5.25 cents to $11.5175. Export sales data for the week ending July 9 showed 188,274 MT of old crop soybean sales, within analyst estimates, and 1.77 MMT of new crop business, exceeding expectations. Soymeal futures rose $2.20-$2.80, while soy oil futures gave up early gains. The U.S. Trade Representative announced a new 25% tariff on Brazilian imports effective July 22, with exemptions for beef, coffee, and rare earths, pending a Brazilian response. NOPA reported June bean oil stocks at 1.5 billion lbs, tighter than estimates.
Yahoo FinanceSoybeans Rally on Monday Amid China Export Sale and Weather Concerns
Soybean futures posted a rally on Monday, July 13, 2026, with midday gains of 7 to 11 ½ cents. The national average cash bean price rose 9 ½ cents to $11.54 ¼ per bushel. Soymeal futures declined $2.30, while soy oil futures surged 248 to 300 points higher. The USDA reported a private export sale of 136,000 metric tons of soybeans to China for the 2026/27 marketing year. Updated NOAA forecasts show little to no precipitation across key growing regions including the Dakotas, Kansas, Minnesota, Iowa, Illinois, and Missouri, raising concerns about crop conditions. Commitment of Traders data revealed speculative traders added 37,479 contracts to their net long position in soybean futures and options, reaching a net long of 68,679 contracts. Export inspections for corn were reported at 418,592 MT, down 22.8% from the prior week but more than double the same week last year.
Yahoo FinanceSoybeans Rally on Better-Than-Expected USDA Data and Export Sales to China
Soybean futures posted a Friday rally, with most contracts gaining 10 to 13.5 cents, following a friendlier-than-expected USDA report. The USDA's WASDE data showed a 10 million bushel drop in 2025/26 US soybean stocks to 330 million bushels, driven by a 10 million bushel increase in exports. New crop stocks held steady at 310 million bushels, as a 30 million bushel export increase offset a 40 million bushel production rise from higher acreage. Globally, South American production was unchanged, while world carryout fell by 0.71 million metric tons to 124.17 million metric tons. Additionally, the USDA reported a private export sale of 264,000 metric tons of 2026/27 soybeans to China. Soymeal and soy oil futures also rose. The national average cash bean price was down 13.25 cents at $11.44 1/4 per bushel.
Yahoo FinanceSoybeans Correct Lower on Thursday Ahead of Friday USDA Reports
Soybean futures declined 10 to 15 ¼ cents on Thursday, July 9, 2026, ahead of the upcoming USDA WASDE report on Friday. The cmdtyView national average cash bean price fell 14 ½ cents to $11.31. The USDA reported a private export sale of 136,000 metric tons of 2026/27 soybeans to China, plus 120,000 metric tons to unknown destinations. Weekly export sales data showed 2025/26 soybean sales at 54,349 metric tons, slightly above the marketing year low, while 2026/27 sales reached 408,250 metric tons, the second largest total for the marketing year. Soymeal futures rose $3.70 to $5.10, while soy oil futures dropped 90 to 120 points. A Bloomberg survey of traders expects old crop bean stocks to decline by 3 million bushels to 337 million bushels, with new crop stocks seen up 22 million bushels due to increased acreage.
Yahoo FinanceSoybeans Rally Over 40 Cents on Monday Amid Strong Export Data and Weather Concerns
Soybean futures surged 43 to 49 cents in front-month contracts on Monday, July 6, 2026, driven by strong export data and weather concerns. USDA's FGIS reported weekly export shipments of 528,350 metric tons, up 19% from the prior week and 31.9% above the same week last year, with China as the top destination. Brazilian soybean exports in June reached 14.5 million metric tons, well above last year's 13.42 million. The 7-day forecast indicates 1-3 inches of rainfall in parts of the Dakotas and Minnesota, with above-normal temperatures expected across the U.S. over the next two weeks. Soymeal futures rose $8.50-$8.80, and soybean oil futures gained 68-140 points. The national average cash bean price increased 43.25 cents to $11.3275 per bushel.
Yahoo FinanceSoybeans Fall on Monday as USDA Trims Ratings
Soybean futures fell on Monday, with contracts down 10 ¼ to 17 ½ cents, ahead of the July futures first notice day. The USDA reported a private export sale of 136,000 metric tons of soybeans to unknown destinations. The USDA's NASS Crop Progress report showed 96% of the US soybean crop has emerged, slightly ahead of normal, but condition ratings dropped to 65% good-to-excellent, with the Brugler500 index falling 4 points to 365. Export shipments totaled 419,124 metric tons for the week ending June 25, up 54% from the prior week and 76.7% above the same week last year, with Mexico, Japan, and China as top destinations. However, marketing year exports remain 18.7% below the same period last year. The NOAA forecast shows 1-3 inches of rain over the next week in key growing regions, while southeast Iowa, Missouri, and the Eastern Corn Belt remain dry. Analysts surveyed by Bloomberg expect the USDA to report 85.2 million soybean acres planted in the upcoming June Acreage report, with June 1 grain stocks estimated at 1.049 billion bushels.
Yahoo FinanceSoybeans Fall on Monday Ahead of USDA June Acreage Report
Soybean futures declined by 17-18 cents per bushel on Monday, June 29, 2026, ahead of the USDA's June Acreage report scheduled for Tuesday. The cmdtyView national average cash bean price dropped 16.75 cents to $10.6375. Soymeal and soy oil futures also fell. The USDA reported a private export sale of 136,000 MT of soybeans to unknown destinations. Weekly export shipments totaled 419,124 MT, up 54% from the prior week and 76.7% above the same week last year, though marketing year exports remain 18.7% below last year's pace. Weather forecasts show 1-3 inches of rain expected in key growing regions. Speculators trimmed net long positions by 16,139 contracts to 36,679. Analysts surveyed by Bloomberg project 85.2 million soybean acres planted this spring, which the market is positioning for ahead of the official report.
Yahoo FinanceSoybean Futures Close Slightly Lower on Friday
Soybean futures closed the Friday session with slight losses, as July contracts fell 1.25 cents to $11.26 1/4, while nearby cash prices dropped 0.75 cents to $10.78. The weekly Commitment of Traders report showed speculative traders reduced their net long position by 16,139 contracts to 36,679, driven mainly by long exits. Analysts surveyed by Bloomberg expect NASS to report 85.2 million soybean acres planted in the upcoming June Acreage report. Export data through June 18 showed old crop commitments at 41.039 million metric tons, reaching 100% of the USDA export projection, with actual shipments at 89%. New crop business totaled 2.238 MMT, 65.89% above the same week last year. Soymeal futures fell 40 cents to $1.80, while soy oil front-month contracts gained 2 to 49 points.
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