--- title: "Soybeans Sliding to Thursday Morning Trade" type: "News" locale: "en" url: "https://longbridge.com/en/news/285567833.md" description: "Soybeans are experiencing losses of 2 to 5 ½ cents in Thursday morning trade, following a decline of 10 to 16 ¾ cents on Wednesday. Open interest fell by 8,142 contracts, while the cmdtyView national average Cash Bean price decreased by 16 ½ cents to $11.27 ½. Soymeal and Soy Oil futures also dropped. Export Sales data is expected, with projections for soybean sales ranging from 200,000-500,000 MT. Additionally, Stats Canada reported a 27.4% increase in canola stocks, while bean stocks decreased by 45.7% from last year." datetime: "2026-05-07T14:05:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285567833.md) - [en](https://longbridge.com/en/news/285567833.md) - [zh-HK](https://longbridge.com/zh-HK/news/285567833.md) --- # Soybeans Sliding to Thursday Morning Trade Soybeans are trading with 2 to 5 ½ cent losses on Thursday morning. Futures closed the Wednesday session with contracts falling 10 to 16 ¾ cents. Open interest was down 8,142 contracts on Wednesday, mainly in the nearbys, with November up 4,479 contracts. There was just one delivery issued above May soybeans overnight. The cmdtyView national average Cash Bean price was down 16 1/2 cents at $11.27 1/2. Soymeal futures were down 30 cents to $3.10 in the front months on the session, with Soy Oil futures down 139 to 189 points at the close. Crude oil was the pressure factor, falling $6.06 on the day on easing US/Iran tensions. Export Sales data will be published this morning, with traders looking for 200,000-500,000 MT in 2025/26 soybean sales, for the last week of April. New crop sales are seen 0-100,000 MT. Soybean meal sales are seen in a range of 150,000-450,000 MT, with bean oil bookings expected to total net reductions of 12,000 MT to net sales of 20,000 MT. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Argus estimates the 2026/27 Brazilian soybean acreage total to grow just marginally from the year prior, citing higher production costs and El Nino risks. Stats Canada data showed canola stocks at the end of March at 9.985 MMT, a 27.4% increase from the same time last year. Bean stocks were down 45.7% from last year at 1.497 MMT. May 26 Soybeans closed at $11.79, down 16 3/4 cents, currently down 2 3/4 cents Nearby Cash was $11.27 1/2, down 16 1/2 cents, Jul 26 Soybeans closed at $11.94 3/4, down 16 3/4 cents, currently down 4 3/4 cents Nov 26 Soybeans closed at $11.75 1/2, down 14 cents, currently down 5 1/2 cents New Crop Cash was $11.14 1/2, down 14 cents, 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [SOYB.UK](https://longbridge.com/en/quote/SOYB.UK.md) - [SOYO.UK](https://longbridge.com/en/quote/SOYO.UK.md) - [159985.CN](https://longbridge.com/en/quote/159985.CN.md) - [SOYB.US](https://longbridge.com/en/quote/SOYB.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) ## Related News & Research - [Soybeans Technicals: Confirming the Double Top](https://longbridge.com/en/news/286444844.md) - [CBOT soybeans close lower on disappointment over US-China summit](https://longbridge.com/en/news/286602398.md) - [TECHNICALS-CBOT soybeans may rise to $12.28](https://longbridge.com/en/news/286863597.md) - [NOPA April US soybean crush below most estimates at 211.856 million bushels](https://longbridge.com/en/news/286593614.md) - [ICE Canada Morning Comment: ICE Canola Falling With Soy Complex](https://longbridge.com/en/news/286434193.md)