Group 1 - Soybeans experienced gains of 1 to 4 3/4 cents, with the national average Cash Bean price rising by 2 cents to $10.58 1/4 [1] - Soymeal futures increased by $1.00 to $2.20, while Soy Oil futures decreased by 15 to 36 points [1] - The average close for November futures in February was $10.93, compared to last year's base spring price for crop insurance of $10.54 [1] Group 2 - The USDA is set to release Export Sales data, with expectations for old crop soybean sales ranging from 0.3 to 1.1 million metric tons (MMT) for the week of February 5 [2] - Soybean meal sales are projected to be between 200,000 and 450,000 metric tons, while bean oil sales may see net reductions of 10,000 metric tons or sales of 16,000 metric tons [2] Group 3 - The Rosario Grains Exchange estimates the Argentina soybean crop at 48 MMT, an increase of 1 MMT from previous estimates [3] - Closing prices for various soybean futures on March 26 included $11.24 for Mar 26 (up 1 1/2 cents), $10.58 1/4 for Nearby Cash (up 2 cents), $11.39 1/2 for May 26 (up 2 cents), and $11.52 1/2 for Jul 26 (up 3 cents) [3]

Market Trends - Soybeans are experiencing a downward trend, with losses of 4 to 5 cents noted on Tuesday morning [1] - Futures had a slight recovery on Monday, with contracts increasing by 2 ½ cents at the close [1] - Open interest data decreased by 5,810 contracts on Monday [1] Pricing Information - November soybeans are averaging $10.18 at the close over the nine sessions through October [1] - The national average Cash Bean price increased by 1 3/4 cents to $9.33 3/4 [1] - Soymeal futures decreased by 40 cents to $1.00/ton, while Soy Oil increased by 53 to 64 points [1] Production and Import Data - Brazil's soybean production for 2025/26 is projected at 177.64 million metric tons (MMT), a slight decrease from the previous estimate of 177.67 MMT [3] - China's soybean imports in September reached 12.87 MMT, an increase from 12.28 MMT in August and 13.2% higher than the same month last year, with no imports sourced from the US [3]

Group 1: Soybean Market Performance - Soybeans experienced gains of 12 to 13 cents in the front months, with November up 19 ¼ cents since last Friday [1] - The national average Cash Bean price increased by 13 cents to $9.70 1/4 [1] - Soymeal futures rose by 60 cents to $1.50, with October up $7.10 for the week [1] - Soy Oil futures closed with gains of 49 to 59 points, with October up 86 points this week [1] Group 2: Export and Production Data - USDA reported a private export sale of 22,000 MT of soybean oil to South Korea for 2025/26 shipment [2] - The monthly Crop Production report indicated a slight reduction in US yield to 53.5 bushels per acre (bpa), with production up 8 million bushels (mbu) to 4.3 billion bushels (bbu) [4] - World soybean stocks decreased by 1.61 million metric tons (MMT) to 123.58 MMT, primarily due to a drop in old crop Argentina stocks [5] Group 3: Market Positioning and Trends - The Commitment of Traders report showed managed money shifting to a net short position of 14,714 contracts, a change of 26,678 contracts to the short side [3] - The USDA projected old crop ending stocks at 330 mbu, with the 2024/25 marketing year seen up 10 mbu at 300 mbu, reflecting a 20 mbu cut to exports and a 15 mbu increase to crush [4] - NOPA data is anticipated on Monday, with expectations for August crush among members at 182.857 mbu [5]