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Soybeans Face Modest Pressure on Thursday

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⚡ Quantum Brief
Soybean futures declined modestly on April 23, 2026, with contracts dropping 1 to 4¾ cents, while the national cash price fell 4 cents to $10.97¼ per bushel. USDA’s weekly export report showed old-crop soybean sales at 364,633 MT—a 4-week high and 72.6% above last year—led by Egypt (93,600 MT) and Japan (78,700 MT). Soymeal futures were mixed (20 cents higher to 80 cents lower), while soy oil recovered from midday losses, closing mostly 5 to 34 points higher despite May’s 2-point drop. Global soybean production for 2026/27 is projected to fall 1 MMT, with usage up 2 MMT, reducing ending stocks to 79 MMT—a 4 MMT decline. Nearby contracts (May, July, November) closed lower, with May soybeans at $11.59¾ (down 4¾ cents) and new-crop cash at $10.93 (down 1 cent).
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Soybeans Face Modest Pressure on Thursday

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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 Face Modest Pressure on Thursday April 23, 2026 — 07:51 pm EDT Written by Austin Schroeder for Barchart-> Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4 cents at $10.97 1/4. Soymeal futures were mixed, with contracts 20 cents higher to 80 cents lower. Soy Oil futures reverted from midday losses to close mostly 5 to 34 points higher, as May was down 2 points.USDA’s weekly Export Sales report from Thursday showed 364,633 MT of old crop bean sales in the week of April 16, a 4-week high and 72.64% above the same week last year. Egypt was the top buyer of 93,600 MT, with 78,700 MT sold to Japan. Sales for 2025/26 were just 5,000 MT, all to Malaysia. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Meal sales were tallied at 162,339 MT, which was on the lower side of the expected 150,000 to 500,000 MT. Bean oil sales were tallied at 1,526 MT, which was within the estimated net reductions of 10,000 MT to sales of 14,000 MT.International Grains Council data indicated world soybean production down 1 MMT for 2026/27, with use up 2 MMT and ending stocks estimated at 79 MMT, down 4 MMT.May 26 Soybeans closed at $11.59 3/4, down 4 3/4 cents,Nearby Cash was $10.97 1/4, down 4 cents,Jul 26 Soybeans closed at $11.74 3/4, down 4 3/4 cents,Nov 26 Soybeans closed at $11.55, down 1 cent,New Crop Cash was $10.93 1/1, down 1 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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