Soybeans are showing losses of 7 to 9 cents in the first months on Monday. The national average cmdtyView Cash Bean price is 8 3/4 cents lower at $9.79 3/4. Soybean meal futures are down $3.50 to $4 a tonne. Soybean oil futures rose 2 to 6 points at midday, helped by a rebound in crude oil.

The USDA reported a private export sale of 100,000 tons of soybeans to Egypt this morning.

Monday morning’s export inspections report showed a total of 750,312 MT (27.57 mbu) of soybeans shipped the week of 12/25. This was down 19.3% from the previous week and down 54.4% from the same week last year. China was the largest destination of 135,417 MT, with 127,0173 MT sent to Egypt and 89,227 MT to Vietnam. The marketing year total is now 15,396 MMT (565.71 mbu) of soybeans shipped, which is now 46.3% below the same period last year.

Jan 26 Soybeans are at $10.49 3/4, down 9 cents,

Nearby Cash is at $9.79 3/4, down 8 3/4 cents,

March 26 Soybeans are at $10.63 3/4, down 8 3/4 cents,

May 26 Soybeans are at $10.76 1/2, down 7 3/4 cents,

As of the date of publication, Austin Schroeder had no positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article is for informational purposes only. This article was originally published on Barchart.com