Soybean futures slip ahead of USDA acreage and stocks reports- CBOT
Traders await June 1 stocks and planted acreage estimates
30 June 2026
1 minute read
By: Chicago Board of Trade (CBOT) soybean futures slumped on Monday as traders adjusted positions ahead of the US Department of Agriculture's acreage and stocks reports, Reuters reported, citing market analysts.
The most-active CBOT November soybean SX26 contract fell 17-1/4 cents to end at $11.39 a bushel.
CBOT August soymeal SMQ26 settled down $0.40 at $303.80 per short ton. Soyoil futures BOQ26 fell 0.96 cent to 68.86 cents per pound.
The US Department of Agriculture (USDA) on Tuesday is expected to report US soybean stocks on June 1 were up about 3.8% from a year earlier, and that farmers planted about 85.4 million acres of soybeans this spring, a Reuters poll of analysts showed.
Forecaster Commodity Weather Group said temperatures in the US Midwest are likely to peak midweek, with falling temperatures after that and regular showers limiting crop stress.
The USDA reported that exporters sold 136,000 metric tons of soybeans to unknown destinations to 2026/2027 delivery. The USDA is likely to leave its US soybean crop condition ratings unchanged from last week in a weekly report, with 66% of soybeans expected to be in good-to-excellent condition, a Reuters poll of 11 analysts showed on Monday.
The department was due to publish its weekly crop progress and conditions report at 3 p.m. CDT (2000 GMT) on Monday.
