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Soybeans Extending Rally to Friday

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⚡ Quantum Brief
Soybean futures surged Friday, with front-month contracts gaining 18–20 cents, pushing the national cash price to $11.24¼ per bushel, an 18¾-cent increase. Soymeal and soy oil futures also rose sharply, up $7.50–$8.50 and 45–60 points respectively, supported by 50 overnight meal deliveries and 71 oil deliveries, alongside a $10.10 crude oil rally. U.S. soybean export commitments lag at 84% of USDA estimates (vs. 92% average), with shipments at 61% (vs. 78% average), signaling weaker-than-expected demand despite Brazil’s record February exports. Brazil’s 2026 soybean crop hit 183.1 MMT, up 0.85 MMT from prior estimates, with February exports surging 10.66% year-over-year to 7.113 MMT, triple January’s volume. Argentina’s crop conditions improved slightly, with 30% rated good/excellent, a 1-point weekly gain, though overall quality remains subdued.
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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 Extending Rally to Friday March 06, 2026 — 06:57 pm EST Written by Austin Schroeder for Barchart-> Soybeans are pushing higher again on Friday, with midday gains of 18 to 20 cents in the front months. The cmdtyView national average Cash Bean price is up 18 3/4 cents at $11.24 1/4. Soymeal futures are $7.50 to $8.50 higher on the day, with Soy Oil futures 45 to 60 points higher in the front months. There were another 50 deliveries against March soy meal overnight with 71 for bean oil. Crude oil futures are up $10.10 at midday to continue the spillover support.The weekly Export Sales report now has export commitments for soybeans at 36.034 MMT, which is 84% of the USDA export estimate and behind the 92% average sales pace. Shipments are 61% of USDA’s number at 26.154 MMT, lagging the 78% average shipping pace. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Brazil’s soybean crop is estimated at 183.1 MMT according to AgroConsult, up 0.85 MMT from their previous number. February exports out of Brazil were tallied at 7.113 MMT, more than triple January and 10.66% above Feb 2025. Soybeans in Argentina are estimated at 30% good/excellent according to the Buenos Aires Grains Exchange, up just 1 percentage point from last week. Mar 26 Soybeans are at $11.82, up 18 1/4 cents,Nearby Cash is at $11.24 1/4, up 18 3/4 cents,May 26 Soybeans are at $11.98 1/4, up 19 cents,Jul 26 Soybeans are at $12.10 3/4, up 18 1/4 cents, 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 How Much Higher Can Corn Prices Go in March 2026? Looking for the Next Silver Rally?

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Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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