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Soybeans climbed to their highest level since late March on April 10, 2026, as soymeal rose about 5% to roughly $334 per short ton. The gain followed a USDA-confirmed 100,000 MT US soymeal sale to Italy and 2025/26 soymeal export sales running 16% ahead of last year.
Corn and wheat slipped on expectations of plentiful global supplies.
Strong meal export demand and tight nearby meal supplies support soymeal and beans, while larger global grain stocks keep corn and wheat under pressure.
finimize.comFinimize NewsroomApr 10, 2026After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Soymeal rose about 5% on the Italy sale and export sales running 16% ahead of last year, signaling strong demand.
