Back to News
investment

Soybeans Trading Higher Ahead of USDA Report

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Soybean futures rose 3 to 5½ cents Tuesday morning, extending Monday’s gains, as traders awaited the USDA’s monthly WASDE report expected later in the day. China purchased 264,000 metric tons of U.S. soybeans in a private export sale, signaling demand despite a 13.8% weekly drop in export inspections to 1.136 million metric tons. Analysts anticipate minimal changes to U.S. soybean stocks (348 million bushels) but expect Brazil’s production to rise 1.2 million metric tons to 179.2 million, while Argentina’s may dip to 48.1 million. Cash soybean prices fell 4¼ cents to $10.45½ nationally, contrasting with futures gains, while soyoil futures climbed 102-136 points and soymeal dropped $5.80. Marketing-year soybean shipments total 23.136 million metric tons, down 34.4% year-over-year, with China remaining the top buyer at 747,198 metric tons last week.
AI Audio Summary
0:00 / 0:00
Click to play
Gemini_Generated_Image_h5l2xxh5l2xxh5l2 (1).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 Trading Higher Ahead of USDA Report February 10, 2026 — 03:23 pm EST Written by Austin Schroeder for Barchart-> Soybeans are trading with 3 to 5 ½ cent gains on Tuesday morning. Futures posted Monday gains of 3 to 5 cents. Open interest was up 5,376 contracts on Monday, with 21,516 contracts rolling out of March. The cmdtyView national average Cash Bean price was down 4 ¼ cents at $10.45 1/2. Soymeal futures were a dime to $5.80 lower, with Soy Oil futures were 102 to 136 points in the green on the day.USDA reported a private export sale of 264,000 MT of soybeans to China on Tuesday morning. 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 1.136 MMT (41.74 mbu) of soybean shipped in the week of 2/5. That was 13.8% below the week prior and 3.5% shy of the same week last year. China was the largest destination of 747,198 MT, with 92,655 MT shipped to Mexico and 57,087 MT to Germany. The marketing year total is now 23.136 MMT (850 mbu) of soybeans shipped since September, which is still 34.4% below the same period last year.Monthly WASDE data will be released later today, with analysts looking for no major changes to the US soybean stocks number, at 348 mbu, vs. the 380 mbu estimate in January. Brazil soybean production is excepted to be up 1.2 MMT to 179.2 MMT, with Argentina estimed down 0.4 MMT to 48.1 MMT.Mar 26 Soybeans closed at $11.10 3/4, down 4 1/2 cents, currently up 5 centsNearby Cash was $10.45 1/2, down 4 1/4 cents,May 26 Soybeans closed at $11.25, down 3 3/4 cents, currently up 5 1/2 centsJul 26 Soybeans closed at $11.36 1/2, down 3 cents, currently up 5 1/4 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. 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.