Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Soybeans Strength Continuing on Thursday AM
Economy

Soybeans Strength Continuing on Thursday AM

Last updated: July 3, 2025 6:15 am
Share
Soybeans Strength Continuing on Thursday AM
SHARE

Soybeans are continuing their upward trend on Thursday morning, with contracts seeing gains of 7 to 11 cents. This follows a strong rally on Wednesday, where contracts were up 20 to 26 cents. Preliminary open interest also saw an increase of 1,808 contracts on Tuesday, indicating growing interest in the market. There were no deliveries issued overnight, further contributing to the positive sentiment.

The national average Cash Bean price saw a significant increase of 23 3/4 cents, reaching $10.12 1/2. Soymeal futures also experienced gains of $2.90 to $4.10, while Soy Oil was up 110 to 140 points. Additionally, overnight deliveries for July bean meal and bean oil saw an issuance of 512 contracts and 18 contracts respectively.

As traders gear up for the last trade day of the week ahead of Independence Day on Friday, analysts are expecting strong numbers in the Export Sales report. Old crop beans are anticipated to be between 300,000 and 700,000 MT, with new crop sales expected to total between 0 and 300,000 MT. Soybean meal sales are projected to be in the range of 100,000 to 650,000 MT, while bean oil bookings are expected to see net reductions of 10,000 MT to sales of 26,000 MT.

In other news, President Trump announced a trade deal with Vietnam on Wednesday, highlighting the country’s elimination of tariffs on US goods. This development is significant for the soybean market, as nearly 5.7% of all US soybean meal export commitments for 2024/25 have been for Vietnam, along with 2% of all bean commitments.

See also  Lyon vs. Manchester United odds, how to watch: UEFA Europa League picks, prediction for Thursday, April 17

Weather-wise, the 7-day QPF from NOAA shows rains of up to 1.5 inches in parts of NE, IA, MN, WI, and the Dakotas. The ECB is expecting lighter totals, which could impact crop conditions in these regions.

Closing numbers for soybean futures on Thursday saw Jul 25 Soybeans at $10.50 1/2, up 25 3/4 cents, Aug 25 Soybeans at $10.53 1/2, up 23 3/4 cents, and Nov 25 Soybeans at $10.48, up 20 3/4 cents. New Crop Cash was at $10.00, up 21 cents.

It’s important to note that the information provided in this article is for informational purposes only. The original article was published on Barchart.com.

TAGGED:continuingsoybeansstrengthThursday
Share This Article
Twitter Email Copy Link Print
Previous Article After years of increases, Georgia power rates are frozen — for now After years of increases, Georgia power rates are frozen — for now
Next Article Police in Texas Get Into Deadly Shootout with Gunman on Video Police in Texas Get Into Deadly Shootout with Gunman on Video
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Sydney Sweeney Launching Lingerie Line Backed by Jeff Bezos

Sydney Sweeney is a talented actress who is now expanding her horizons by venturing into…

July 14, 2025

Saudi Arabia vs. USMNT, Al-Hilal vs. Real Madrid offers a unique chance for nation to justify soccer spending

After their most successful club struck out in their attempts to build a superstar squad,…

June 18, 2025

President Trump Reportedly Having Second Thoughts About Johnson as Speaker Following Government Funding Debacle |

President Trump is reportedly unhappy with House Speaker Mike Johnson and is reconsidering his support…

December 23, 2024

Robert F. Kennedy Is Unfit to Lead U.S. Public Health Agencies

RFK Jr.’s Nomination for HHS Secretary Sparks Controversy As U.S. Senate hearings kick off for…

January 30, 2025

Trump Flips Out At Wall Street Journal Reporter: ‘You Hear Me? What I Said?’

Donald Trump lashed out at a Wall Street Journal journalist on Air Force One, expressing…

May 5, 2025

You Might Also Like

BTIG Remains Positive on NextEra Energy (NEE), Highlighting its “Premier Generation Development Platform”
Economy

BTIG Remains Positive on NextEra Energy (NEE), Highlighting its “Premier Generation Development Platform”

October 31, 2025
3 Must-Buy Stocks Fueling the Data Center Surge
Economy

3 Must-Buy Stocks Fueling the Data Center Surge

October 31, 2025
Shake Shack returns to profit in Q3 2025
Economy

Shake Shack returns to profit in Q3 2025

October 31, 2025
Fresnillo signs agreement to acquire Probe Gold for 8m
Economy

Fresnillo signs agreement to acquire Probe Gold for $558m

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?