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Soybeans Sees Monday Strength

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⚡ Quantum Brief
Soybean futures rose 2¼ to 7¼ cents in front-month contracts on March 23, 2026, with the national cash price climbing 3¾ cents to $10.90¼, driven by export demand and geopolitical easing. EPA Administrator Lee Zeldin’s announcement that RVO biofuel quotas would be released by month-end boosted soybean oil futures by 7 to 26 points, offsetting soymeal’s $1–$2 decline. USDA reported a 161,120 MT private soybean sale to Mexico and weekly export inspections of 1.101 MMT (up 32.1% YoY), though marketing-year shipments remain 27% below 2025 levels. Brazil’s soybean harvest lagged at 68% complete versus 80% last year, per AgRural, tightening global supply amid strong Chinese demand (664,967 MT shipped last week). Crude oil plunged $9.36 after President Trump delayed Iranian strikes, citing productive talks, indirectly supporting agricultural commodities by reducing energy-market volatility.
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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 Sees Monday Strength March 23, 2026 — 08:30 pm EDT Written by Austin Schroeder for Barchart-> Soybeans posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.90 1/4. Soymeal futures were down $1.00 to $2.00, with Soy Oil futures up 7 to 26 points. Bean oil was supported late as EPA administrator Lee Zeldin indicated the RVO quotas would be released by the end of the month. Early on Monday morning, President Trump put out a Truth Social post ordering the military to postpone strikes against Iranian power plants and energy infrastructure for 5 days after weekend talks were “good and productive.” Iran state media responded stating there was no direct contact with the US. Crude oil fell $9.36 on the day. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. A private export sale of 161,120 MT of soybeans was reported to Mexico by USDA this morning.Monday morning’s Export Inspections report showed 1.101 MMT (40.48 mbu) of soybeans shipped in the week of 3/19. That was 12.3% above the week prior and 32.1% larger than the same week last year. China was the largest destination of 664,967 MT, with 183,999 MT shipped to Egypt and 79,998 MT to Japan. The marketing year total is now 29.182 MMT (1.072 bbu) of soybeans shipped since September 1, which is 27% below the same period last year. Brazil’s soybean harvest is estimated at 68% harvested as of Thursday, which still lags the 80% paced from last year according to AgRural.May 26 Soybeans closed at $11.63 1/2, up 2 1/4 cents,Nearby Cash was $10.89 1/4, up 2 1/2 cents,Jul 26 Soybeans closed at $11.79, up 2 1/2 cents,Nov 26 Soybeans closed at $11.46 1/2, up 5 1/2 cents,New Crop Cash was $10.84 1/4, up 5 1/2 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 Spreads Unwinding: Soybean Meal Prices Highlight a Buying Opportunity Here Market Top Alert: Did Soybean Oil Prices Just Hit Their Peak?

Can Soybeans Continue to Rally?

Soybean Market Bulls Gain Footing with Monthly USDA Report on Deck 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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