The soybean market saw gains of 4 to 7½ cents on Wednesday, led by the front months. The cmdtyView national average Cash Bean price was 8¼ cents higher at $9.53½.
Soymeal futures were 30 cents to $1.90 higher in the front months, while back months were steady to 60 cents lower. There were another 99 deliveries against October meal overnight.
Soy Oil increased by 44 to 70 points during the day. The CBOT reported 25 deliveries for October bean oil overnight.
November soybeans have averaged $10.21 so far through the six trade sessions in October. The full month’s average is used in the harvest price discovery for crop insurance.
Despite the weekly Export Sales report being suspended with the government offline, traders still expect 0.6 to 1.6 million metric tons (MMT) of 2025/26 soybean sales for the week of October 2nd. Meal bookings were projected between 150,000 to 350,000 MT, with 0 to 25,000 MT for oil.
Brazilian soybean exports are estimated at 7.12 MMT during October, significantly higher compared to 4.44 MMT in the same period last year.
Closing prices for November 2025 soybeans were $10.29½, up 7½ cents. Nearby Cash was $9.53½, up 8¼ cents. January 2026 soybeans closed at $10.44¼, up 5¼ cents, while March 2026 soybeans closed at $10.57¼, up 4¼ cents.
*Disclaimer:* On the date of publication, Austin Schroeder did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data provided are solely for informational purposes. For more details, please view the Barchart Disclosure Policy [here](https://www.barchart.com/disclosure).
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https://www.nasdaq.com/articles/soybeans-see-strength-midweek-session