Back to News
investment

Soybeans Face Weakness on Tuesday

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Soybean futures declined 6–9 cents across nearby contracts on April 7, 2026, with the national cash price dropping 8 cents to $10.89¼, reflecting broad market weakness. Soymeal and soy oil futures also fell, with soymeal down $1.30–$4.80 and soy oil losing 8–31 points, mirroring soybean’s downward trend amid commodity volatility. Crude oil fell $2.03 as US-Iran ceasefire talks via Pakistan eased geopolitical tensions, indirectly pressuring agricultural markets like soybeans. Brazil’s March soybean exports hit 14.52 million tons—double February’s total but 1.1% lower year-over-year—highlighting mixed global supply dynamics ahead of the USDA’s April WASDE report. Analysts expect minimal changes to the US soybean balance sheet, with carryout estimates at 349 million bushels, nearly unchanged from March’s 350 million bushels.
AI Audio Summary
0:00 / 0:00
Click to play
Untitled design (24).png
Quantum News · Media Library

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 Weakness on Tuesday April 07, 2026 — 09:53 pm EDT Written by Austin Schroeder for Barchart-> Soybeans posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89 1/4. Soymeal futures were down $1.30 to $4.80 in the front months, with Soy Oil futures down 8 to 31 points at the close.Crude oil was down $2.03 on the day after late reports that the US and Iran were reviewing a Pakistan proposed 2-week ceasefire ahead of Tuesday nights deadline. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. USDA will release their monthly WASDE report on Thursday morning. A survey of analysts by Bloomberg shows very few changes expected to the US balance sheet with an average estimate at 349 mbu for soybean’s carryout, vs. 350 mbu in March.Soybean exports out of Brazil totaled 14.52 MT in March according to the country’s trade data, double the February total but down 1.11% from a year ago.May 26 Soybeans closed at $11.58 1/4, down 8 1/2 cents,Nearby Cash was $10.89 1/4, down 8 cents,Jul 26 Soybeans closed at $11.74 1/2, down 8 3/4 cents,Nov 26 Soybeans closed at $11.51, down 6 cents,New Crop Cash was $10.90 3/4, down 6 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 Bulls Are in Control of Soybean Meal. Make This 1 Trade Now.

Are Beans Going to Trade in the Teens? Spreads Unwinding: Soybean Meal Prices Highlight a Buying Opportunity Here Market Top Alert: Did Soybean Oil Prices Just Hit Their Peak? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.