U.S. Soybean Futures Steady as Meal Gains Offset Oil Weakness
Soybean futures traded flat with support from stronger soymeal demand in domestic feed markets, while soyoil prices eased on weaker biodiesel margins. Traders remain focused on South American crop prospects and U.S. crush pace ahead of the upcoming USDA WASDE report.
Export Inspections: Brazil Competition Weighs on U.S. Soybeans
USDA data shows U.S. soybean export inspections slightly below seasonal averages as Brazilian supplies continue to dominate global trade. Gulf loadings improved modestly, while Chinese crushers diversified origins. Sunflower oil and canola shipments remained steady.
Fertilizer, Energy & Crushing Tracker: Margins in Focus
Oilseed processors face tighter margins as nitrogen fertilizer and natural gas prices remain firm, impacting soybean crush economics. Renewable diesel expansion supports longer-term soyoil demand, but immediate feed and energy costs weigh on farmgate returns and processing spreads.
The Oilseeds Market Yearly Outlook reviews soybean prices over the last three seasons and provides projections for the next three years. Coverage includes supply/demand balances, global trade competition, and policy drivers like renewable diesel. Read full report
