Soybeans Showing Monday AM Gains

Soybeans Showing Monday AM Gains reports early Monday strength in soybean futures and related commodities. The article states soybeans are up 5 to 7 cents early, after Friday’s session closed slightly higher, with some deferred contracts up as much as 16 3/4 cents. It notes September posted a 55 1/2 cent weekly rally, while November was up 43 cents. Open interest rose by 9,921 contracts on Friday. The U.S. cash bean price in the national average increased 13 3/4 cents to $11.45 3/4. Soymeal futures were higher across most contracts, with September up $14.90 on the week, and soy oil futures were 11 to 54 points higher, with September up 369 points. The NOAA 7-day QPF forecast calls for little to no precipitation across parts of the Dakotas through Kansas and into Minnesota, Iowa, Illinois and Missouri. WASDE data showed U.S. soybean stocks for 2025/26 down 10 Mbu to 330 Mbu, while exports rose by 10 Mbu.