Soybeans Slip Lower into the Weekend

Austin Schroeder Barchart Fri Apr 25, 5:00PM CDT
Young soybean crop with female farmer by fotokostic via iStock

Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the week. Soy Oil futures were down 44 points on the session, but still held onto 141 point gains this week. May options expired today.

Soybean spec funds were adding 4,898 contracts to their fresh net long position in futures and options trading, taking the net long to 31,067 contracts by Tuesday according to CFTC data. 

Overnight, China issued some tariff relief in the form of exemptions. Soybeans did not make the list, but it may signal some pain is being felt in Beijing. 

Thursday morning’s Export Sales report brought the total export sale commitments to 47.056 MMT, which is 13% above the same time in 2024. That is 95% of USDA’s export estimate and matches the 95% average pace.

May 25 Soybeans  closed at $10.49 3/4, down 3 1/4 cents,

Nearby Cash  was $10.03 3/4, down 3 cents,

Jul 25 Soybeans  closed at $10.59 1/4, down 2 3/4 cents,

Nov 25 Soybeans  closed at $10.35, down 1/2 cent,

New Crop Cash  was $9.74 3/4, down 1/4 cent,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.