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 prices showed slight fluctuations, with the national average cash bean price increasing by 2.25 cents to $10.13.5, while soymeal futures rose by $1 to $2.20, and soy oil futures decreased by 9 to 20 points [1] - November soybeans averaged a closing price of $10.29 throughout October, influenced by a recent price rally, compared to last year's crop insurance harvest price of $10.03 and a spring price of $10.54 [1] - A Reuters survey indicated soybean sales for the week ending October 23 were estimated between 0.6 to 1.6 million metric tons (MMT), with meal sales projected at 50,000 to 500,000 MT and bean oil sales at 5,000 to 25,000 MT [3] Group 2 - Ahead of the Trump/Xi meeting, there are rumors of China purchasing at least 180,000 MT of soybeans, although exact totals are delayed due to a government shutdown affecting export sales reporting [2] - Rabobank forecasts Brazilian soybean production for the 2025/26 season to reach 177 MMT, with a 2% increase in planted acreage to 48.8 million hectares (120.5 million acres) [3] - Closing prices for November soybeans were reported at $10.80.25, with nearby cash at $10.13.5, while January and March 2026 soybeans closed at $10.94.5 and $11.05.25, respectively [3]