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Soybeans Falls Lower on Monday with Geopolitical Uncertainty

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⚡ Quantum Brief
Soybean futures dropped 5–8 cents on Monday amid geopolitical tensions after US/Israel strikes on Iran over the weekend, with China condemning the action ahead of a key bilateral meeting. Crude oil’s $4.01 surge lifted soybean oil futures 70–92 points, offsetting broader declines, while soymeal fell $2.30–$7.60 as 102 deliveries hit March contracts. Export inspections jumped 66.9% week-over-week to 1.138 MMT, with China as the top buyer (734,698 MT), though yearly shipments remain 30.4% below 2025 levels. January soybean crush hit 227.8 mbu—87.2% above last year—while oil stocks rose 11.72% to 2.43 billion lbs, signaling strong processing demand. Brazilian harvest delays (39% complete vs. 50% last year) and crop cuts (178 MMT) by AgRural and StoneX added pressure, tightening global supply outlooks.
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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 Falls Lower on Monday with Geopolitical Uncertainty March 02, 2026 — 10:30 pm EST Written by Austin Schroeder for Barchart-> Soybeans were 5 to 8 cents lower in the front months on Monday, with new crop contracts fractionally higher. There were another 158 deliveries issued on Friday evening. The cmdtyView national average Cash Bean price was down 2 cents at $10.91 1/4. Soymeal futures fell $2.30 to $7.60 lower, with Soy Oil futures 70 to 92 points higher. There were 102 deliveries against March bean meal futures on Friday night. Crude oil provided some spillover support to bean oil, up $4.01 following the US/Israel strikes on Iran over the weekend. Uncertainty with China ahead of an expected meeting later this month was adding pressure, after they condemned the US strikes on Iran. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Monday morning’s Export Inspections report showed 1.138 MMT (41.8 mbu) of soybean shipped in the week of 2/26. That was 66.9% above the week prior and 62% larger than the same week last year. China was the largest destination of 734,698 MT, with 132,978 MT shipped to Germany and 105,122 MT to Mexico. The marketing year total is now 26.18 MMT (962 mbu) of soybeans shipped since September 1, which is 30.4% below than the same period last year.Monthly Fats & Oils data from this afternoon showed 227.8 mbu of soybeans crushed in January, exceeding estimates. That was a drop of 0.87% from December, but 87.2% above the same month last year. Soybean oil stocks rose 11.72% from the end of December to 2.43 billion lbs, which was 33.9% larger than the same period last year. AgRural estimates the Brazilian soybean crop at 39% harvested, which is still shy of the 50% from the same period last year. They also trimmed their projection for the country’s bean output by 3 MMT to 178 MMT. StoneX estimates the crop at 177.8 MMT, a 3.8 MMT cut from the previous number. Mar 26 Soybeans closed at $11.50, down 7 1/4 cents,Nearby Cash was $10.91 1/4, down 2 cents,May 26 Soybeans closed at $11.64, down 6 3/4 cents,Jul 26 Soybeans closed at $11.77, down 5 3/4 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 Can Soybeans Continue to 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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