Group 1: Soybean Market Overview - Soybeans are trading 2 to 3 cents higher on Wednesday morning, with futures rebounding on Tuesday, up 2 to 4 ¼ cents at the close [1] - The national average Cash Bean price increased by 4 1/4 cents to $9.44 1/4 [1] - November soybeans have averaged $10.19 through the first five trading days in October, which is significant for crop insurance harvest price discovery [1] Group 2: Soymeal and Soy Oil Futures - Soymeal futures showed mixed results, with nearby October up a dime while other contracts fell by 20 to 80 cents [1] - Soy Oil futures increased by 38 to 74 points, with 25 deliveries reported for October bean oil overnight [1] Group 3: EU Soybean Imports - The European Commission reported that 2025/26 EU soybean imports totaled 3.28 MMT from July 1 to October 5, down from 3.41 MMT in the same period last year [4] - Meal imports for the same timeframe reached 4.77 MMT, slightly lower than the 4.8 MMT recorded last year [4] Group 4: USDA Crop Production Report - The USDA Crop Production report scheduled for Thursday was canceled due to the government shutdown, with a Reuters survey estimating yield at 53.2 bpa, down 0.3 bpa from September [3] - Production is projected to decrease by 30 million bushels to 4.271 billion bushels [3]

Market Overview - Soybeans are experiencing losses of 4 to 5 cents across most contracts, with futures down 13 to 14.5 cents on Monday [1] - The national average Cash Bean price decreased by 14.5 cents to $9.35 3/4 [1] - Soymeal futures fell by 70 cents to $4, while Soy Oil futures declined by 45 to 93 cents at the close [1] Crop Progress - 61% of the US soybean crop has leaves dropping, which is 1 percentage point ahead of the normal pace [2] - Harvest progress is at 9% complete, in line with the average pace [2] - Condition ratings for soybeans have declined by 2% to 61% good/excellent, with the Brugler500 index down 4 points to 358, now 4 points below the same week last year [2] Export Data - Export Inspections data indicates that 484,116 MT (17.79 million bushels) of soybeans were shipped in the week ending September 18, a decrease of 41.1% from the previous week and 2.9% below the same week last year [3] - Egypt was the top destination for soybean exports, receiving 141,244 MT, followed by Indonesia with 71,942 MT and the United Kingdom with 67,129 MT [3] - Total marketing year shipments have reached 1.57 MMT (57.68 million bushels) in the first 2.5 weeks, which is 25.9% larger year-over-year [3] Import Activity - Pakistan importers have purchased 180,000 MT of soybeans, expected to be of US origin [4] - Argentina has suspended its export tax on soybeans, soybean meal, and oil through the end of October [4] Futures Prices - November 25 Soybeans closed at $10.11, down 14.5 cents, with current trading down 4.5 cents [4] - Nearby Cash was at $9.35 3/4, down 14.5 cents [4] - January 26 Soybeans closed at $10.30 1/2, down 14.25 cents, and March 26 Soybeans closed at $10.47, down 13.75 cents, both currently down 4.5 cents [4]

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]