Tuesday 8th July 2025

Soybeans were modestly higher in low volume on short covering and technical buying, closing higher for the week as well. Beans were up and down, watching some near-term U.S. harvest delays and planting activity in Argentina and Brazil. Domestically, the big question for beans is whether or not the USDA will raise its average yield projection in the next set of supply and demand estimates Tuesday, November 9th. In the background, the market is also paying attention to slower than anticipated demand by China and the faster than average planting pace in Brazil, which would lead to an early harvest, limiting the prime window for U.S.

   

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