{"id":5458,"date":"2025-03-28T04:38:00","date_gmt":"2025-03-28T08:38:00","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/03\/28\/soybeans-rally-on-thursday-with-soy-oil-support\/"},"modified":"2025-03-28T04:38:00","modified_gmt":"2025-03-28T08:38:00","slug":"soybeans-rally-on-thursday-with-soy-oil-support","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/03\/28\/soybeans-rally-on-thursday-with-soy-oil-support\/","title":{"rendered":"Soybeans Rally on Thursday with Soy Oil Support"},"content":{"rendered":"<div class=\"layout__region nsdq-l-grid__item syndicated-article-body\">\n<section class=\"jupiter22-c-article-body\">\n<div class=\"body\">\n<div class=\"body__content\">\n<p>Soybeans posted Thursday of 13 to 16 cents across most contracts. CmdtyView\u2019s national front month\u00a0Cash Bean price is up 18 cents at $9.60 1\/2.\u00a0Soymeal futures closed the Thursday session with contracts up 10 to 90 cents\/ton, as\u00a0Soy Oil futures were 110 to 163 points higher on the day. According to a Reuters report, the White House has asked biofuel and oil producers to discuss new biofuel policy. Increasing the blending mandate for renewable diesel and biodiesel has already been an area of agreement.<\/p>\n<p>Weekly Export Sales data show 2024\/25 soybean sales totaling 338,469 MT for the week of 3\/20, a drop of 4% from last week but still 28.3% largest than the same week last year. Mexico was the largest buyer on the week of 260,900 MT, with 202,300 MT sold to China (mostly switched from unknown). There was 361,400 MT in net reductions for unknown, most of which were switched to a destination. New crop business was a net reduction of 21,906 MT.\u00a0<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-JsI\"  class=\"btf-bodymidpagetwothirdswidth-1\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-JsI')) {             googletag.display('js-dfp-tag-JsI');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>     <span>Commodity Bulletin: <\/span> From crude oil to coffee, this FREE newsletter is for industry pros and rookies alike  <\/p>\n<p>\u00a0<\/p>\n<p>Soybean meal bookings were tallied at 165,992 MT, a 10-week low. Bean oil sales were tallied at 44,493 MT, a 30.2% increase wk\/wk.<\/p>\n<p>Following a tour of the Brazilian soybean crop, AgroConsult raised their 2024\/25 soybean production estimate to 172.1 MMT, above their February projection.\u00a0<\/p>\n<p><u>May 25 Soybeans<\/u><u>\u00a0<\/u>\u00a0closed at $10.16 3\/4, up 15 3\/4 cents,<\/p>\n<p><u>Nearby Cash<\/u><u>\u00a0<\/u>\u00a0was $9.60 1\/2, up 18 cents,<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-Wvo\"  class=\"btf-bodymidpagetwothirdswidth-2\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-Wvo')) {             googletag.display('js-dfp-tag-Wvo');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p><u>Jul 25 Soybeans<\/u><u>\u00a0<\/u>\u00a0closed at $10.30 1\/2, up 15 1\/2 cents,<\/p>\n<p><u>Nov 25 Soybeans<\/u><u>\u00a0<\/u>\u00a0closed at $10.20 1\/2, up 13 3\/4 cents,<\/p>\n<p><u>New Crop Cash<\/u><u>\u00a0<\/u>\u00a0was $9.56 1\/2, up 14 cents,<\/p>\n<div class=\"taboola-placeholder\">\n<div id=\"taboola-mid-article-thumbnails\"><\/div>\n<\/div>\n<p>                 <script type=\"text\/javascript\">                     !function (e, f, u) {                     e.async = 1;                     e.src = u; f.parentNode.insertBefore(e, f);                     }(document.createElement('script'), document.getElementsByTagName('script')[0], '\/\/cdn.taboola.com\/libtrc\/nasdaq-nasdaq\/loader.js');                     window._taboola = window._taboola || [];                     _taboola.push({                       mode: 'thumbnails-a-mid',                       container: 'taboola-mid-article-thumbnails',                       placement: 'Mid Article Thumbnails',                       target_type: 'mix'                     });                     _taboola.push({article:'auto', url:''});                 <\/script><i>     On the date of publication,      Austin Schroeder              did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy          here. <\/i><\/p>\n<p>\u00a0<\/p>\n<p> More news from Barchart <\/p>\n<ul>\n<li>There Is a Buying Opportunity in July Soybean Meal Futures. Here Are the Price Levels to Watch.<\/li>\n<li>The Tide Is Turning Bearish for Grains Futures Prices. How Long Will the Selling Pressure Last?<\/li>\n<li>There Were No Big Surprises in the USDA\u2019s Ag Outlook Forum Forecasts. So Why Are Grains Futures Prices Falling?<\/li>\n<li>The Baltic Dry Freight Index Is Near a 2-Year Low. Why It\u2019s a Bearish Omen for Commodities.<\/li>\n<\/ul>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-tUg\"  class=\"btf-bodymidpagetwothirdswidth-3\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-tUg')) {             googletag.display('js-dfp-tag-tUg');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<div class=\"video__inline\">\n<div class=\"video-placeholder\"><\/div>\n<\/div>\n<p>                       <script type=\"text\/javascript\">                       \/\/ Run Ex.co Script and mid-article placement                      (function (d, s, n) {                          var js, fjs = d.getElementsByTagName(s)[0];                          js = d.createElement(s);                          js.className = n;                          js.src = \"http:\/\/player.ex.co\/player\/4c49b82f-103d-41ce-9191-ffa4d1f737fb\";                          fjs.parentNode.insertBefore(js, fjs);                      }(document, 'script', 'exco-player'));                      \/\/ Ex.co placeholder div                      var element = document.getElementsByClassName('video-placeholder')[0];                      var excoDiv = document.createElement('div');                      excoDiv.id = '4c49b82f-103d-41ce-9191-ffa4d1f737fb';                      if (element && document.getElementById('4c49b82f-103d-41ce-9191-ffa4d1f737fb') == undefined) {                         element.append(excoDiv);                      }                     <\/script>                                                                     <\/p>\n<p class=\"body__disclaimer\">The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>        <script type=\"text\/javascript\">   \/\/ add oddAd class to every odd instance of body .ads__inline for different placeholder styles   let articleAds = document.querySelectorAll('.ads__inline');   for (let i = 0, len = articleAds.length; i < len; i++) {     \/\/ Do the below only if the curent count is less than 12     if ((i < 12) &#038;&#038; (i % 2 === 0)) {       articleAds[i].className += ' oddAd';     }   } <\/script>                                               <\/p>\n<div class=\"jupiter22-c-tags jupiter22-c-tags-default\">\n<h3 class=\"jupiter22-c-tags-title\">         Tags       <\/h3>\n<div class=\"jupiter22-c-tags-container\">Stocks<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Soybeans posted Thursday of 13 to 16 cents across most contracts. CmdtyView\u2019s national front month\u00a0Cash Bean price is up 18 cents at $9.60 1\/2.\u00a0Soymeal futures closed the Thursday session with contracts up 10 to 90 cents\/ton, as\u00a0Soy Oil futures were 110 to 163 points higher on the day. According to a Reuters report, the White [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[18],"tags":[],"class_list":["post-5458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/5458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=5458"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/5458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/5459"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=5458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=5458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=5458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}