International Soybean Market

18-Jun-2025 08:07 AM

International Soybean Market
USDA reported a private export sale of 120,000 MT of 2025/26 soybean meal to unknown destinations this morning.
The weekly USDA Crop Progress report indicated a 2% decline in soybean conditions, now rated at 66% good to excellent. The Brugler500 index dropped 5 points to 367. Nebraska saw an improvement of 4 points, while South Dakota was up 3 points; North Carolina and Tennessee also showed gains. Conversely, Illinois and Iowa declined by 1 point each, and Indiana, Missouri, and North Dakota dropped by 3 points each.
EU soybean imports from July 1 to June 15 totaled 13.58 MMT, up from 12.65 MMT during the same period last year. Brazil’s soybean exports for June are projected at 14.37 MMT, above last week’s estimate of 14.08 MMT.