
USDA's April WASDE raised the 2025-26 US season-average soybean price to $10.30 per bushel and soymeal to $310 per short ton, after shifting 35 million bushels from exports to crush. Corn's season-average price rose 5 cents to $4.15 per bushel, and soybean oil was raised to 59 cents per pound.
Higher USDA price projects signal firmer domestic crush and meal demand, supporting soybean and meal values for feed buyers.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.