
Soybeans fell on fund and technical selling, with pressure from favorable crop development and large crop expectations. Old-crop corn export sales were 12.8 million bushels, mainly to Egypt and Mexico, while new-crop sales rose to 15.8 million bushels.
China has not officially bought any 2025/26 US soybeans, and the next USDA supply and demand report is due August 12.
Absent Chinese new-crop purchases and with favorable weather, soybean demand remains a bearish factor, while steady new-crop sales to other buyers provide some underlying support.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.