Soybeans Post Double Digit Gains on Monday

Jan 06, 2026

By Austin Schroeder

Soybeans were in rally mode as traders came back from the thin holiday markets, with futures closing up 15 to 18 cents. There were another 401 deliveries against January soybeans issued on Friday evening. The cmdtyView national average Cash Bean price was 17 1/4 cents higher at $9.87 1/4. Soymeal futures were $2.20 to $4.10 higher, with Soy Oil futures up 56 to 60 points. There were 20 deliveries issued for January soybean meal.

Export Inspections data showed soybean shipments at 980,518 MT (51.2 mbu) shipped in the week that ended on New Years Day. That was an increase of 24.3% from the week prior, but down 26.7% from same week last year. China was the top destination of 397,069 MT, with 182,553 MT to Egypt and 74,996 MT to Taiwan. Marketing year shipments have totaled 16.4 MMT (602.64 mbu), which is down 45.3% yr/yr.

Export Sales data for the week ending on December 25 showed soybean sales at 1.178 MMT, which was in the middle of analysts looking for 0.7-1.8 MMT. Another 66,391 MT was sold for 2026/27. Sales for the current marketing year were above the week prior and more than double the same week last year.

Meal sales were tallied at 110,642 MT, shy of estimates at 150,000-500,000 MT. Bean oil sales seen were in the middle of the 0-20,000 MT estimates at 6,238 MT.

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Video: Winter Canola Trial in Mississippi | Can It Work for Double Cropping? | Pioneer Agronomy

Can winter canola open new opportunities for growers in the Mid-South? In this agronomy update from Noxubee County, Mississippi, Pioneer agronomist Gus Eifling shares an early look at a first-year winter canola trial and what farmers are learning from the field.

Planted in late October on 30-inch rows, the crop is now entering the bloom stage and progressing quickly. In this video, we walk through current field conditions, fertility management, and how timing could make this crop a valuable option for double-cropping soybeans or cotton.

If harvest timing lines up with early May, growers may be able to transition directly into another crop during ideal planting windows. Ongoing field trials will help determine whether canola could become a viable rotational option for the region.

Watch for:

How winter canola is performing in its first season in this Mississippi field

Why growers chose 30-inch rows for this trial

What the crop looks like as it moves from bolting into bloom

Fertility strategy, including nitrogen and sulfur applications

How canola harvest timing could enable double-cropping with soybeans or cotton

Upcoming trials comparing soybeans after canola vs. traditional planting

As more growers look for ways to maximize acres and diversify rotations, experiments like this help determine what new crops might fit into existing systems.