In section Market Quotes

U.S. Soybean Exports Surge Past Market Expectations

A total of 1.36 million metric tons of U.S. soybeans were sold for the 2025/26 and 2026/27 marketing years, according to Department of Agriculture data released for the week ending June 18. The figure sits at the upper limit of analyst projections, which ranged between 700,000 and 1.4 million tons.

U.S. Soybean Exports Surge Past Market Expectations

While soybean exports outperformed, other major grains saw mixed results. Corn sales reached 1.48 million tons across both marketing years, settling toward the lower end of market expectations. Conversely, wheat sales showed strength at 504,500 tons for the 2026/27 period, exceeding anticipated volumes.

These export figures exerted limited pressure on the Chicago Board of Trade on Thursday. Trading remained fragmented as market participants digested the report, with most-active soybean futures edging up 0.1%. Corn and wheat futures struggled to maintain momentum, falling 0.4% and 0.8% respectively.

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