Soybeans Taking Monday Losses Back to Start Tuesday Trade

Group 1 - Soybean futures experienced a slight decline on Monday, closing down 3 to 4 cents, while trading gains were noted in the morning session with increases of 6 to 7 cents [1] - The national average cash price for soybeans decreased by 4.25 cents to $9.66, and soymeal futures fell by $2.30 to $2.70, whereas soy oil futures saw a gain of 12 points [1] - The NASS Crop Progress report indicated that 41% of the US soybean crop was dropping leaves as of September 14, with only 5% of the harvest completed, and the Brugler500 index dropped 3 points to 362, reflecting a 1% decrease in condition ratings to 63% [2] Group 2 - NOPA data revealed that 189.81 million bushels of soybeans were crushed in August, exceeding estimates by over 7 million bushels, marking a 3.01% decrease from July but a 20.13% increase compared to the previous year [3] - Soybean oil stocks at the end of August were reported at 1.245 billion pounds, which is a 9.39% increase from last year but a 9.7% decrease from July [3] - The Export Inspections report for the week of September 11 showed shipments of 804,352 metric tons (29.55 million bushels) of soybeans, which is 72% higher than the previous week and 69.7% larger than the same week last year [4] Group 3 - The marketing year total for soybean shipments reached 1.068 million metric tons (39.249 million bushels), representing a 42.9% increase compared to the same period last year [4] - AgRural estimates indicate that only 0.12% of the Brazil soybean crop for 2025/26 has been planted [4] - Closing prices for November 25 soybeans were reported at $10.42 3/4, down 3.5 cents, while January and March 2026 soybeans also saw slight declines [5]