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Soybeans Close with Modest Strength on Friday

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Soybean futures closed modestly higher on April 24, 2026, with May contracts up 4 cents to $11.63¾, though the week ended with a 3½-cent loss. November contracts rose just ¾ cent. Cash soybean prices averaged $11.02 nationwide, up 4¾ cents, while soymeal gained 40 cents to $3.70. Soy oil surged 375 points week-over-week, led by deferred contracts. Managed money increased net long positions by 17,733 contracts to 192,884 in soybean futures/options, per CFTC data. Soybean oil hit a record net long of 165,444 contracts. USDA reported total soybean export commitments at 38.52 MMT, down 18% year-over-year and 4% below the 5-year average, fulfilling 92% of USDA’s export target. Nearby July contracts closed at $11.78½, while new-crop cash prices rose to $10.94¾, reflecting cautious optimism amid weaker export demand.
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Soybeans Close with Modest Strength on Friday

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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Soybeans Close with Modest Strength on Friday April 24, 2026 — 08:01 pm EDT Written by Austin Schroeder for Barchart-> Soybeans futures closed Friday with contracts steady to 4 cents higher, as May settled the week with a 3 ½ cent loss and November down ¾ cent. The cmdtyView national average Cash Bean price was up 4 3/4 cents at $11.02. Soymeal futures were up 40 cents to $3.70 in most front months, as May was $7.50 lower for the week. Soy Oil futures were up 19 to 93 points led by the deferred contracts, as May was up 375 points on since last Friday. Weekly CFTC data via the Commitment of Traders report indicated managed money adding 17,733 contracts to their net long position as of 4/21. That net long stood at 192,884 contracts on Tuesday in bean futures and options. Soybean oil pushed their net long to a record 165,444 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. USDA’s weekly Export Sales report from Thursday has total soybean commitments at 38.52 MMT, an 18% decline from the same week last year. That was also 92% of the USDA export number and 4 percentage points behind the 5-year average. May 26 Soybeans closed at $11.63 3/4, up 4 cents,Nearby Cash was $11.02, up 4 3/4 cents,Jul 26 Soybeans closed at $11.78 1/2, up 3 3/4 cents,Nov 26 Soybeans closed at $11.55 3/4, up 3/4 cent,New Crop Cash was $10.94 3/4, up 3/4 cent, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart Cotton Prices Have Topped: Look Out Below!

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