Chicago Board of Trade soybean futures were mixed on Thursday, as favorable weather was expected in the U.S. Midwest and traders adjusted positions before the long U.S. holiday weekend, according to analysts.
U.S. markets will be closed on Friday in observance of the Independence Day holiday.
CBOT August soybeans (SQ26) settled up 3 cents at $11.36-1/4 per bushel and new-crop November soybeans (SX26) ended down 1-1/2 cents at $11.47-3/4 a bushel.
CBOT August soymeal (SMQ26) ended up $0.20 at $305.50 per short ton while July soyoil (BON26) fell 0.07 cent to close at 66.95 cents per pound.
The U.S. Department of Agriculture reported that U.S. soy processors crushed 213.1 million bushels of soybeans in May, below an average of analyst estimates for 214.9 million bushels, but up 4.6% from the year-ago May 2025 crush.
The U.S. Department of Agriculture reported net weekly export sales of soybeans for the week ended June 25 at 224,300 metric tons.
After a hot spell in the U.S. Midwest this week, showers and cooler weather are expected to return to the region, limiting crop stress, according to Commodity Weather Group.