International Soybean Market
09-Jul-2025 08:22 AM
International Soybean Market
USDA reported a private export sale of 144,000 metric tons of soybean meal to the Philippines this morning, with 97,000 metric tons for the 2024/25 marketing year and 47,000 metric tons for 2025/26.
As of Sunday, 32% of the U.S. soybean crop was blooming, slightly ahead of the 31% average, and 8% was setting pods. Condition ratings held steady at 66% good/excellent, while the Brugler500 index rose 1 point to 369.
Ratings fell in IL (–2) and OH (–6), but showed improvement in IN (+3), IA (+6), NE (+7), and SD (+11).
The European Commission estimates EU soybean imports for the 2024/25 marketing year (July 1 to June 30) at 14.52 million metric tons, up from 13.2 million metric tons last year.