Soybeans Surge, Export Sales Lag
Update: 2025-12-26
Description
Soybean futures surge ahead of Christmas break, with contracts climbing 11-14 cents, open interest dropping by 4,814 contracts, and cash prices jumping 11.75 cents to $9.93. Soymeal and oil also rise. However, export sales are lagging, with U.S. commitments down 33% from last year. In Argentina, 75.5% of the soybean crop is planted, with conditions looking solid. January soybeans settle at $10.63. Markets remain volatile as we head into the new year.
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