Market Overview - Soybeans are experiencing gains of 4 to 6 cents, with the national average cash bean price at $10.91 1/4, up 5 ¼ cents [1] - Soymeal futures have increased by 40 to 70 cents, while Soy Oil futures are up by 125 to 130 points [1] Export Data - Export inspections reported 586,427 MT (21.43 million bushels) of soybeans shipped for the week ending March 26, a decrease of 28.3% from the previous week and 47.4% from the same week last year [2] - China was the leading destination for soybeans, importing 270,424 MT, followed by Indonesia with 80,716 MT and Egypt with 53,245 MT [2] - Total marketing year shipments have reached 29.182 MMT (1.072 billion bushels), reflecting a 27% year-over-year decline [2] Speculative Positions - CFTC data indicates that spec funds reduced their net long position by 4,093 contracts as of March 24, bringing the total net long to 197,904 contracts of soybean futures and options [3] Planting Intentions and Crop Estimates - NASS March Intentions data is expected to show 85.55 million acres of soybeans to be planted this spring, an increase of 4.33 million acres if realized [4] - March 1 soybean stocks are estimated at 2.067 billion bushels, which would be an increase of 158 million bushels from the previous year if realized [4] - AgRural reports that Brazil's soybean crop is 75% harvested, with the total crop estimated at 178.4 MMT, a slight increase of 0.4 MMT from previous estimates [4] Price Movements - May 26 Soybeans are priced at $11.64 1/2, up 5 1/4 cents, while nearby cash is at $10.91 1/4, also up 5 1/4 cents [5] - July 26 Soybeans are at $11.80, up 4 3/4 cents, and November 26 Soybeans are at $11.48 1/4, up 4 1/4 cents [5] - New crop cash is priced at $10.86 1/4, up 4 1/4 cents [5]

Group 1: Soybean Market Overview - Soybeans are currently trading with gains of 1 to 3 cents, following a previous session where futures closed down 5 to 14.5 cents, with May down 2 cents last week [1] - The national average cash bean price decreased by 14.25 cents to $10.86, while soymeal futures experienced losses ranging from $2.20 to $6.80, with May dropping $12.70 [1] - Soy Oil futures were down 6 to 61 points, although May was up 190 points for the week, indicating some volatility in the market [1] Group 2: Regulatory Updates - The EPA finalized the Renewable Volume Obligations (RVOs) for 2026, setting bio-mass based diesel at 8.86 billion RINS, exceeding previous proposals of 7.12 billion RINS [2] - The small refinery exemption reallocation increases the RVOs to 9.07 billion RINS for 2026 and 9.2 billion RINS for 2027, indicating a tightening regulatory environment [2] - Starting in 2028, foreign fuel and feedstocks will only receive 50% of the RIN value compared to the current year, which may impact market dynamics [2] Group 3: Export and Stock Data - Total soybean export commitments are reported at 37.256 million metric tons (MMT), an 18% decrease from the same period last year, now at 87% of the USDA export projection [3] - CFTC data indicates that spec funds have reduced their net long position by 4,093 contracts, bringing the total net long to 197,904 contracts of soybean futures and options [3] Group 4: Planting Intentions and Crop Estimates - NASS is expected to release March Intentions data, with traders anticipating 85.55 million acres of soybeans to be planted, an increase of 4.33 million acres if realized [4] - March 1 soybean stocks are estimated at 2.067 billion bushels, which is an increase of 158 million bushels from the previous year [4] - AgRural estimates that Brazil's soybean crop is 75% harvested, with the total crop pegged at 178.4 MMT, reflecting a slight increase of 0.4 MMT from previous estimates [4]

Market Overview - Soybeans are trading lower, with front month contracts down 9 to 10 cents and deferred contracts down 3 to 5 cents, while the national average cash bean price is at $10.91 1/4, down 9 cents [1] - Soymeal futures are experiencing losses of $4 to $5, and Soy Oil futures are down 21 to 30 points due to market reactions [1] Regulatory Updates - The EPA has finalized the Renewable Volume Obligations (RVOs) for 2026, setting bio-mass based diesel at 8.86 billion RINS, exceeding previous proposals of 7.12 billion RINS for 2026 and 7.5 billion RINS for 2027 [2] - The small refinery exemption reallocation increases the RVOs to 9.07 billion RINS for 2026 and 9.2 billion RINS for 2027, with a change in 2028 where foreign fuel and feedstocks will only receive 50% of the RIN value [2] Export Data - The USDA reported a private export sale of 105,000 MT of soybeans to unknown destinations, with total soybean export commitments at 37.256 MMT, reflecting an 18% decrease from the same period last year [3] - Current export commitments represent 87% of the USDA's export projection, which is below the 95% average sale pace [3] Planting Intentions - NASS is expected to release March Intentions data, with traders anticipating 85.55 million acres of soybeans to be planted this spring, an increase of 4.33 million acres if realized [3] Price Summary - As of May 26, soybean prices are as follows: May soybeans at $11.64 3/4 (down 9 cents), nearby cash at $10.91 1/4 (down 9 cents), July soybeans at $11.80 1/4 (down 9 1/4 cents), and November soybeans at $11.49 1/2 (down 3 1/4 cents) [4] - New crop cash is at $10.88 1/2, down 3 1/4 cents [4]

Market Overview - Soybean prices are trading 2 to 4 ½ cents higher, with futures gaining 1 ¾ to 5 ½ cents in the front months on Thursday [1] - Preliminary open interest increased by 6,257 contracts [1] - The national average cash bean price rose by 2 1/4 cents to $11.00 1/4 [1] - Soymeal futures increased by 30 cents to $2.30, while soy oil futures rose by 42 to 96 points [1] Export Sales Data - Export sales for the 2025/26 marketing year reached 668,901 MT, marking the largest sales in 5 weeks but down 15.42% from the same week last year [2] - China purchased 263,000 MT (with 260,000 MT switched from unknown), while Germany and Mexico bought 201,500 MT and 164,100 MT respectively [2] - New crop sales totaled 27,000 MT, with 25,000 MT sold to unknown and 2,000 MT to Taiwan [2] Meal and Oil Sales - Meal sales were the highest since mid-December at 507,601 MT, exceeding the estimated range of 150,000-400,000 MT [3] - Bean oil sales amounted to 753 MT, falling within the estimated range of net reductions of 20,000 MT to sales of 24,000 MT [3] Planting Intentions - NASS March Intentions data is expected to be released next week, with traders anticipating 85.55 million acres of soybeans to be planted this spring, an increase of 4.33 million acres if realized [3] Closing Prices - May 26 Soybeans closed at $11.73 3/4, up 2 cents [3] - Nearby cash was $11.00 1/4, up 2 1/4 cents [3] - July 26 Soybeans closed at $11.89 1/2, up 1 3/4 cents [3] - November 26 Soybeans closed at $11.52 3/4, up 2 3/4 cents [3] - New crop cash was $10.91 3/4, up 2 3/4 cents [3]

Core Insights - Soybean prices experienced gains, with front month prices increasing by 1 ¾ to 5 ½ cents, and the national average cash bean price rising to $11.00 1/4, up 2 1/4 cents [1] - Export sales for the 2025/26 marketing year reached 668,901 MT, marking a 15.42% decrease from the same week last year, with significant purchases from China, Germany, and Mexico [2] - Meal sales hit a high of 507,601 MT, surpassing estimates, while bean oil sales were within the expected range of reductions [3] Soybean Market Performance - May 26 Soybeans closed at $11.73 3/4, up 2 cents, while July 26 and November 26 Soybeans also saw increases [3] - Nearby cash prices for soybeans were reported at $11.00 1/4, reflecting a gain of 2 1/4 cents, and new crop cash prices were at $10.91 3/4, up 2 3/4 cents [3] Future Projections - NASS March Intentions data is anticipated to show 85.55 million acres of soybeans to be planted this spring, representing an increase of 4.33 million acres if realized [3]

Market Overview - Soybeans are experiencing gains of 2 to 3 cents in most front months, with the national average cash bean price at $11.01 ½, up 2 3/4 cents [1] - Soymeal futures have increased by 40 cents to $1.20, while soy oil futures are up by 85 to 91 points [1] Export Sales Data - Export sales for soybeans reached 668,901 MT, exceeding the expected range of 200,000 to 500,000 MT for the 2025/26 crop, marking the largest sales in 5 weeks but down 15.42% from the same week last year [2] - New crop sales were reported at 27,000 MT, compared to estimates of 0-100,000 MT [2] Meal and Oil Sales - Meal sales hit the highest level since mid-December at 507,601 MT, surpassing the estimated range of 150,000-400,000 MT [3] - Bean oil sales totaled 753 MT, falling within the estimated range of net reductions of 20,000 MT to sales of 24,000 MT [3] Planting Intentions - NASS March Intentions data is expected to show 85.55 million acres of soybeans to be planted this spring, an increase of 4.33 million acres if realized [3] Soybean Prices - May 26 Soybeans are priced at $11.74 1/4, up 2 1/2 cents; Nearby Cash is at $11.01 1/2, up 2 3/4 cents; Jul 26 Soybeans are at $11.90, up 2 1/4 cents; Nov 26 Soybeans are at $11.52, up 2 cents; New Crop Cash is at $10.89 1/4, up 1 1/4 cents [3]

Group 1 - Soybean futures experienced a decline of 2 3/4 to 8 ½ cents, with the national average cash bean price down 1 3/4 cents at $10.78 1/2 [1] - Soymeal futures decreased by $2.00 to $4.20, while Soy Oil futures increased by 15 to 45 points [1] - EU soybean imports were reported at 8.92 MMT as of March 22, a decrease from 10.002 MMT in the same period last year [3] Group 2 - The EPA is anticipated to release the RVO number later this week, which may add premium back into the bean oil market [2] - Brazilian March soybean export estimates are at 15.87 MMT, down 0.45 MMT from the previous week [3] - Recent soybean closing prices include May 26 at $11.55 (down 8 1/2 cents), July 26 at $11.71 1/2 (down 7 1/2 cents), and November 26 at $11.43 3/4 (down 2 3/4 cents) [3]

Market Overview - Soybean contracts experienced a decline, with prices down 2 3/4 to 8 ½ cents across the board, and the national average cash bean price decreased by 1 3/4 cents to $10.78 1/2 [1] - Soymeal futures fell between $2.00 to $4.20, while Soy Oil futures increased by 15 to 45 points [1] - Crude oil closed up 26 cents amid reports of a potential one-month ceasefire in the Middle East conflict [1] Import and Export Data - EU soybean imports reached 8.92 million metric tons (MMT) as of March 22 since July 1, a decrease from 10.002 MMT during the same period last year [3] - Brazilian March soybean export estimates are at 15.87 MMT, down 0.45 MMT from the previous week [3] Future Expectations - The Environmental Protection Agency (EPA) is anticipated to release the Renewable Volume Obligation (RVO) number later this week, which is expected to add some premium back into the bean oil market [2]

Group 1 - Soybeans are experiencing mixed trading, with front months down 1 to 2 cents while deferred contracts are higher [1] - The national average Cash Bean price is reported at $10.78 1/2, down 1 3/4 cents [1] - Soymeal futures have decreased by $3.00 to $3.80, whereas Soy Oil futures have increased by 44 to 70 points [1] Group 2 - EU soybean imports are recorded at 8.92 million metric tons (MMT) as of March 22, a decrease from 10.002 MMT during the same period last year [2] - May 26 Soybeans are priced at $11.61 3/4, down 1 3/4 cents, while Nearby Cash is at $10.87 1/2, also down 1 3/4 cents [2] - July 26 Soybeans are at $11.77 3/4, down 1 1/4 cents, and November 26 Soybeans are at $11.48 3/4, up 2 1/4 cents [2]

Market Overview - Soybeans are currently trading with losses of 4 to 6 cents, following a previous day where futures gained between 2 ¼ to 7 ¼ cents [1] - The national average Cash Bean price increased by 3 ¾ cents to $10.90 1/4 [1] - Soymeal futures decreased by $1.00 to $2.00, while Soy Oil futures rose by 7 to 26 points [1] Export Activity - A private export sale of 161,120 MT of soybeans was reported to Mexico by USDA [2] - The Export Inspections report indicated that 1.101 MMT (40.48 million bushels) of soybeans were shipped in the week of March 19, which is 12.3% higher than the previous week and 32.1% larger than the same week last year [3] - China was the largest destination for these shipments, receiving 664,967 MT, followed by Egypt with 183,999 MT and Japan with 79,998 MT [3] - The total marketing year shipments since September 1 now stand at 29.182 MMT (1.072 billion bushels), which is 27% lower than the same period last year [3] Futures Market - May 26 Soybeans closed at $11.63 1/2, up 2 1/4 cents, but are currently down 6 1/4 cents [4] - Nearby Cash was reported at $10.89 1/4, up 2 1/2 cents [4] - July 26 Soybeans closed at $11.79, up 2 1/2 cents, currently down 6 cents [4] - November 26 Soybeans closed at $11.46 1/2, up 5 1/2 cents, currently down 4 1/4 cents [4] - New Crop Cash was reported at $10.84 1/4, up 5 1/2 cents [4]