Loading…
Chicago soybeans extended gains on Thursday, with the March contract up 7.5 cents and soymeal up $0.90 to $304.80 per short ton. Traders expected soybean export sales of 375,000 to 1.2 million tons for the week ending February 12.
USDA's Agricultural Outlook Forum put 2026 soybean plantings at 85 million acres.
Export sales expectations and the USDA's projected 2026 soybean area point to a comfortable supply outlook, which caps upside. Strong export demand could still extend the rally in the near term.
zmp.deFeb 20, 2026After 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 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.
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.
