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Soybeans Leaking Lower on Wednesday Morning
Yahoo Finance· 2025-12-17 13:33
Group 1 - Soybean futures are experiencing fractional to 1.5 cent losses, with previous sessions showing a decline of 9 to 10 cents [1] - The market has reverted all gains from the recent Chinese buying rally, filling the October chart gaps [1] - The national average cash bean price decreased by 8.75 cents to $9.92, while soymeal futures were steady to $1.10 lower, and soy oil futures dropped by 98 to 112 points [1] Group 2 - China's state stockpiler sold 323,000 MT of imported beans on Tuesday, with an additional auction for 550,000 MT scheduled for Friday [3] - EU soybean imports from July 1 to December 14 totaled 5.6 MMT, falling short of the 6.5 MMT recorded during the same period last year [3] - Specific soybean futures prices for January, March, and May 2026 are reported as follows: January at $10.62 3/4 (down 9 cents), March at $10.71 3/4 (down 9.5 cents), and May at $10.83 (down 10 cents) [3] Group 3 - The EPA's finalization of the Renewable Volume Obligations (RVOs) for 2026 is anticipated to occur in the first quarter of next year [2]