Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • Analysis
  • /
  • Article

Mysteel soybean and relatives market daily: Crop tour results boost U.S. soybeans, but domestic soybean meal has limited upside potential

Source: Mysteel Aug 20, 2026 11:38
Share this with
X linkedin WeChat Copy this link
Soybean Soybean Meal Demand Price Supply
CBOT soybean futures extended their winning streak to a fourth consecutive session in overnight trading, with the front-month November contract settling at 1236/bu, up 1.68%.The Pro Farmer Midwest Crop Tour delivered supportive signals: pod counts in Indiana came in at 1,318.64, down 4.2% year-over-year, while Nebraska recorded 1,219.62 pods, a 9.5% decline both below last year's levels and the three-year average. These findings were reinforced by the USDA Crop Progress report, which showed the U.S. soybean good-to-excellent rating slipping to 61%, alongside record-breaking domestic crush demand and a fresh private exporter sale of new-crop soybeans to China. All these factors combined to underpin CBOT soybean prices.Attention now turns to Thursday's USDA weekly export sales data for the next directional cue. In the near term, U.S. soybeans are poised to trade on a firmer footing, supported by crop tour signals pointing to lower yields and robust demand fundamentals.

You May Also Like
  • Mysteel soybean and relatives market daily: Poor U.S. soybean crop tour results; domestic soymeal follows futures higher

    Aug 19, 2026 11:51

  • Mysteel soybean and relatives market daily: U.S. soybean crush figures remained strong

    Aug 18, 2026 17:47

  • Mysteel soybean and relatives market daily: The main U.S. soybean futures contract ended higher

    Aug 17, 2026 11:57

  • Mysteel soybean and relatives market daily: U.S. soybeans enter a tug-of-war consolidation phase

    Aug 14, 2026 15:39

  • Mysteel soybean and relatives market daily: U.S. soybean USDA report released, domestic soymeal follows suit with gains

    Aug 13, 2026 16:18

Price Curve
Daily Prices
  • Mysteel Iron Ore Index

    Aug 20, 2026 19:08

  • Iron ore portside prices: Huanghua port

    Aug 20, 2026 18:47

  • Imported iron ore prices: China's major cities

    Aug 20, 2026 18:36

  • Iron ore portside prices: Tianjin port

    Aug 20, 2026 18:27

  • Iron ore portside prices: Jingtang port

    Aug 20, 2026 18:14

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com