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Soybeans Feeling Pressure on Monday

Barchart
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⚡ Quantum Brief
Soybean futures dropped 5–7 cents at midday on March 9, 2026, retreating over 35 cents from overnight highs, with cash prices falling to $11.20½ per bushel. US soybean ending stocks may decline by 6 million bushels to 344 million in the upcoming WASDE report, reflecting tighter domestic supply expectations. Weekly export inspections totaled 879,190 metric tons, down 24.3% from the prior week but up 2.5% year-over-year, with China as the top buyer at 411,462 metric tons. Managed money increased net-long soybean positions to 198,902 contracts, while soy oil net longs hit 75,509—the highest since November 2022. Brazil’s harvest lagged at 51% complete, down from 61% a year ago, signaling potential delays in global soybean supply.
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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 Feeling Pressure on Monday March 09, 2026 — 04:45 pm EDT Written by Austin Schroeder for Barchart-> Soybeans are down 5 to 7 cents at Monday’s midday, more than 35 cents off the overnight highs. Open interest was up 16,951 contracts on Friday. The cmdtyView national average Cash Bean price is down 6 1/4 cents at $11.20 1/2. Soymeal futures are down $3 to $3.70, with Soy Oil futures down 17 to 34. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. US soybean ending stocks are estimated to be trimmed by 6 mbu to 344 mbu in Tuesday’s WASDE. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Export Inspections data showed soybean shipments 879,190 MT (32.3 mbu) shipped in the week that ended on March 5. That was down 24.3% from last week, but up 2.5% vs. the same week last year. China was the top destination of 411,462 MT, with 161,746 MT to Egypt and 118,747 MT to Indonesia. Marketing year shipments have totaled 27.09 MMT (995.3 mbu), which is down 29.6% yr/yr.CFTC data via the Commitment of Traders report indicated managed money adding just 14,700 contracts to their net long in the week ending on March 3. They took their net long in soybean futures and options to 198,902 contracts on Tuesday. Managed money was net long 62,087 contracts in soy meal, a 30,392 contract increase on the week, with specs adding 12,197 contracts other they soy oil net long at 75,509, the largest since November 2022.Brazil’s soybean crop was tallied at 51% harvested as of Thursday according to AgRural, with last year at 61% by this date.Mar 26 Soybeans are at $11.79 1/2, down 5 1/2 cents,Nearby Cash is at $11.20 1/2, down 6 1/4 cents,May 26 Soybeans are at $11.94 3/4, down 6 cents,Jul 26 Soybeans are at $12.08, down 5 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. 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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