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Commodities

Soybean Futures Bounce Higher on Friday Amid Export Sales

Guavy AI Editorial Team
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Soybean futures started Friday trading on an upward note, with prices extending their bounce from Thursday's late session. Contracts closed near highs and 6 to 9 cents off lows, resulting in 1 to 5¾ cent gains in the front months.

The cmdtyView national average Cash Bean price rose by 3 cents to $11.32 on Friday morning. Soymeal futures saw a gain of $0.20 to $1.40 higher than Thursday's close, while Soy Oil prices were 5 points lower and 27 points higher compared to the previous day.

A private export sale of 122,000 MT of soybeans was announced for China on Thursday morning, marking a deal for 2026/27. This news came as Chinese buyers purchased 10 cargoes of US soybeans on Thursday, according to wire reports.

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