Sunday 18th May 2025

Soybeans were higher on commercial and technical buying, with the nearby January through May contracts closing back above $13. Crush demand is strong thanks to solid margins and there’s strong end user demand for bean meal. Soybean oil was supported by oversold signals and a higher move in crude oil, with the broader market generally buying back part of Monday’s losses. China’s General Administration of Customs says November U.S. soybean imports were 3.63 million tons, up sharply on the month, with total purchases of 8.57 million tons, under a year ago.

   

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