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“Soybean futures ended higher with SK near 10.15. Soyoil is higher and near 44 cents on talk tariffs could reduce China export of UCO to U.S. and Canada exports of canola oil to U.S. Soymeal prices have also dropped below 300 on concern of too much supply. Weekly U.S. soybean export sales were only 12 mil bu. Season to date commit is near 1,681 mil bu vs 1,482 last year. USDA goal is 1,825 vs 1,695 ly. Sales were lower than expected. Fact Brazil and Argentina 2025 soybean crop will be 17 mmt above last year could begin to slow new U.S. sales. Some could see SN above 10.50 if U.S. soybean acres are 4-5 million less than last year,” reported Steve Freed with ADM Investor Services.





