Soybean futures posted weakness on Friday, pushing lower into the close, as contracts were down 5 to 6 cents at the final bell. November fell 27 ½ cents this week. The cmdtyView national average Cash Bean price was down 6 cents at $9.49 1/2. Soymeal futures were 40 cents $1.10 higher on the day, as October was down $2.90 this week. Soy Oil futures 67 to 70 points lower on Friday, with October slipping 89 points since last Friday. 

USDA reported private export sales of 123,000 MT of soybeans to unknown destinations, with 204,650 MT during the reported period to unknown this morning all for 2025/26

Export Sales data showed net reductions of 23,775 MT in the week of 8/28, an improvement from the 189,184 MT in net reductions last week. New crop sales were 818,474 MT, which was a 4-week low, as China has yet to purchase a single bean. The largest buyer of 2025/26 soybeans in that week was unknown destinations, at 269,000 MT, with 116,100 MT sold to Mexico, and Japan purchasing 71,100 MT.

Soybean meal sales were tallied at 4,317 MT in 2024/25 net reductions, with sales of 145,700 MT for 2025/26, on the low side of the expected 100,000 MT and 450,000 MT. Bean oil sales were pegged at 144 MT in net reductions for the current MY and sales of 1,821 MT for 2025/26, which was on the near the low end of 0 to 22,000 MT estimates. 

Weekly CFTC data indicated managed money trimming back 8,854 contracts from their net long position in soybean futures and options to 11,964 contracts as of 9/2.

Sep 25 Soybeans  closed at $10.06 1/2, down 5 1/2 cents,

Nearby Cash  was $9.49 1/2, down 6 cents,

Nov 25 Soybeans  closed at $10.27, down 6 cents,

Jan 26 Soybeans  closed at $10.45 1/2, down 6 cents,

New Crop Cash  was $9.49 1/2, down 6 cents,