Soybean Prices Plummet, Export Sales Data Anticipated
Update: 2025-12-20
Description
Soybean prices plummeted, with the January contract dropping by twenty-seven and a half cents. Cash prices also fell, settling at nine dollars and seventy-eight and a half cents. Soymeal and soy oil futures also experienced significant drops. The USDA reported a new private export sale of one hundred thirty-four thousand metric tons of soybeans to China. Analysts anticipate export sales data for the week ending December fourth to show between eight hundred thousand and two million metric tons in soybean sales. Managed money investors cut over thirty-five thousand contracts from their net long positions in soybean futures and options. In related news, Sinograin sold nearly one-third of the soybeans they offered for sale in their auction on Friday.
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