International Soybean Market
30-Aug-2025 08:13 AM
International Soybean Market
CFTC data showed managed money spec funds increasing their small net long position in soybean futures and options by 20,815 contracts to 20,818 contracts as of Tuesday. The commercial net short position increased by 10,364 contracts to 124,515 contracts as of August 26.
Export Sales data showed old crop soybean commitments at 50.869 MMT, which is 100% of the USDA forecast but behind the 103% average pace. New crop business is at 7.228 MMT, which is 28.8% lower than last year at this time, as Chinese buying has been subdued.
Monthly crush data will be released next Tuesday, due to Monday’s holiday. Analysts expect 207.1 million bushels of soybeans to have been crushed during July, with estimates ranging from 204.8 to 212 million bushels. Bean oil stocks are projected at 1.895 billion lbs.
EIA data showed 1.045 billion gallons of soybean oil were used for biodiesel production in June, the highest in 6 months.