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Mysteel soybean and relatives market daily: U.S. soybean weather premium transmission and bullish cues pushed DCE soymeal prices up sharply

Source: Mysteel Aug 27, 2026 13:52
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Soybean Soybean Meal Demand Price Supply
CBOT soybean futures for the November 2026 contract (main contract) settled at 1261.50 cents/bushel, up 22.75 cents/bushel. Soybean futures on the Chicago Board of Trade (CBOT) edged higher on Wednesday, supported by a combination of spillover strength from surging corn and wheat prices and robust export demand. In addition, escalating geopolitical conflicts drove sharp gains in corn and wheat futures, while the USDA reported private exporters sold 333,000 metric tons of soybeans to China, providing further support.

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