Soybeans are down 9 to 13 cents so far as trader sift through the USDA report at midday. The cmdtyView national average Cash Bean price is 9 1/4 cents lower at $9.80 1/4. Soymeal futures are down $4.20-4.60, as Soy Oil futures are up 80 to 85 points. There were 33 deliveries issued against soybeans on Friday night, with 2 for January bean meal. USDA’s FGIS tallied soybean export shipments at 1.529 MMT (56.21 mbu) during the week ending on January 8. That was the second largest total this MY, 55.4% larger ...

Group 1 - Soybean futures are experiencing losses of 12 to 16 cents across most contracts, following gains of 16 to 21 cents on the previous day [1] - Open interest increased by 9,867 contracts, indicating new buying activity [1] - Export inspections reported 965,063 MT of soybeans shipped in the week ending October 30, a decrease of 16.8% from the previous week and 58.3% year-over-year [1] Group 2 - The estimated US soybean yield is 53.6 bpa, reflecting a reduction of 0.3 bpa from the previous month [2] - The total marketing year shipments of soybeans have reached 7.78 MMT, representing a 40% decline year-over-year [1] - Nearby cash soybean prices increased by 21 cents to $10.56 1/4, while futures for November, January, and March also showed slight increases before current declines [2]

Market Overview - Soybeans are experiencing losses of 3 to 4 cents, with the national average cash bean price at $9.35 3/4, down 3 1/4 cents [1] - Soymeal futures are up by 80 cents to $1.80 per ton, while soy oil futures have decreased by 45 points due to losses in the crude oil market [1] Export Data - USDA reported soybean export shipments at 593,956 MT (21.82 million bushels) for the week ending September 25, which is 5% higher than the same week last year but down 13.1% from the previous week [2] - Germany was the leading destination for exports at 128,961 MT, followed by Turkey at 72,076 MT, with China not appearing in the report [2] - Cumulative exports for the marketing year 2025/26 have reached 2.246 MMT (82.53 million bushels) since September 1, marking a 16.4% increase compared to the same period last year and the highest in the last five years [2] Speculative Positions - Weekly CFTC data indicates that speculative funds in soybean futures and options have reverted to a net short position of 29,302 contracts, a shift of 31,589 contracts to the short side during the week [3] - Commercials reduced their net short position by 27,234 contracts to 92,440 contracts, while managed money held a net short position of 898 contracts in soybean oil futures and options, with a net short in soybean meal increasing to 103,269 contracts [3] Stock Estimates - Analysts anticipate that the NASS will report September 1 soybean stocks at 325 million bushels, with estimates ranging from 295 to 366 million bushels [4] - As of Thursday, AgRural estimates that 3.2% of the Brazilian soybean crop has been planted, compared to 2% during the same week last year [4] Price Movements - November 25 soybeans are priced at $10.10 3/4, down 3 cents; nearby cash is at $9.35 3/4, down 3 1/4 cents; January 26 soybeans are at $10.29 3/4, down 3 1/4 cents; March 26 soybeans are at $10.46, down 3 cents [4]