Soya has also been allowed and available on the market in Germany in genetically modified form since 1996. Rate cuts were supposed to push mortgage rates lower. The opposite has happened. Soybean Meal Price: Get all information on the Price of Soybean Meal including News, Charts and Realtime Quotes.

China was the top buyer of 583,400 MT, with the Netherlands next up at 207,300 MT and Mexico in for 134,900 MT. Soybean meal sales totaled just 165,717 MT in the week that ended on October 3. On the lower side of the 100,000 to 400,000 MT estimates. Bean oil sales were on the bottom half of the 0 to 20,000 MT expectations at 3,821 MT.

USDA reported another export sale of 202,000 MT of soybeans for 2024/25 shipment to China this morning. That follows the 132,000 MT sale from Thursday. Spec funds in soybean futures and options were adding back to their net short position as of July 30 by 14,932 contracts.

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