Soybean Rally Continues on Thursday
Yahoo Finance·2026-02-06 07:30

Soybeans closed 18 to 21 ¼ cents higher on Thursday, with new crop contracts up 7 to 11 cents. The cmdtyView national average Cash Bean price was 20 cents higher at 10.47. Soymealfuturesare10.47. Soymeal futures are 5 to $7.00 higher, with Soy Oil futures steady to down 11 points in the nearbys. Futures extended Wednesday’s strength following President Trump seeking to raise the Chinese soybean commitments to 20 MMT for the current season, vs. the 12 MMT previous stated. The average close for November futures for February is ...