Commodities
Soybeans Post Gains Across Most Contracts
Soybean prices rallied on Friday, with gains across most contracts. The September contract rose by 51¼ cents for the week, while November gained 48½ cents. The cmdtyView national average Cash Bean price increased by 20½ cents to $12.53¾.
The Soymeal futures also saw significant gains, ranging from $1 to $8.10 higher on the day. September's contract was up $20.50 for the week. Soy Oil prices rebounded, with September gaining 124 points for the week.
According to the USDA, a private export sale of 182,000 MT of soybeans to China was reported for the 2026/27 crop year. Another 200,000 MT of soybean meal was sold to both Germany and the Netherlands at 100,000 MT each.