Soybean International News
14-Mar-2026 08:32 AM
Soybean International News
Weekly CFTC data through the Commitment of Traders report indicated that managed money added another 23,205 contracts to their net long position in soybean futures and options. This brought the total net position to 222,107 contracts. In soybean oil, speculators added 33,329 contracts to their net long position, bringing it to 108,838 contracts.
USDA Export Sales data showed soybean export commitments at 36.49 MMT as of March 5, which is 19% lower than the same period last year. This represents 85% of the USDA estimate for the 2025/26 marketing year and is behind the average sales pace of 93%. Shipments have reached 27.15 MMT, which is 63% of the USDA estimate and also behind the average pace of 79%.
US Treasury Secretary Bessent and Chinese counterparts are meeting this weekend in Paris to prepare for the meeting between President Trump and President Xi later this month.
NOPA data will be released on Monday, with traders expecting the February crush total to be around 202.73 million bushels. Soybean oil stocks are estimated at 1.928 billion pounds.
According to the latest CONAB estimate, Brazil’s soybean crop forecast was slightly reduced by 0.13 MMT to 177.85 MMT.