https://www.instagram.com/vanessaclarkipai This is your Soybeans podcast. You are listening to the Daily Soybeans Price Tracker, and I am your host, Vanessa Clark. Let us dive into the latest soybean prices and what is moving the market today. To start with the headline number, July twenty twenty six Chicago Board of Trade soybean futures are trading around eleven dollars and seventy nine cents per bushel, according to Farmbucks. The United States Department of Agriculture Iowa Daily Cash Grain Report shows the average cash soybean price in Iowa recently at about eleven dollars and three cents per bushel, down about fifteen cents from the prior report, so cash prices have been under a bit of pressure. Barchart reports that soybeans have been trading lower, with many contracts down between six and twelve cents. The national average cash soybean price they track is just above eleven dollars per bushel. So if you are a farmer, grain marketer, or soybean trader, the short term story is soft prices and a cautious tone. Why the weakness in soybean prices right now? According to Barchart and Zaner Group commentary, United States crop weather over the next couple of weeks is generally favorable, which supports good yield prospects and takes some of the risk premium out of the market. Weekly Crop Progress data shows about eighty seven percent of the United States soybean crop planted, ahead of the normal pace, with roughly two thirds of the crop rated in good to excellent condition. When weather is cooperative and crop ratings look solid, futures traders often push prices lower. Here are a few quick, practical takeaways for you. First, if you are a producer looking to market old crop soybeans, keep an eye on both your local cash bids and the July futures price. Basis levels can shift even on quiet futures days, and that can open small windows of opportunity. Second, for new crop marketing, consider scaling in sales rather than trying to pick the exact top. With weather still a big wildcard, using futures, options, or simple forward contracts to spread out sales over time can help manage risk. Third, if you follow soybean prices for feed or food budgeting, this dip may be a chance to lock in some needs if the current level fits your margin. That is it for today on the Daily Soybeans Price Tracker with Vanessa Clark. Thanks for spending a few minutes with me. Be sure to subscribe, share this with a friend who watches soybean prices, and tune in next time for your latest soybean market update. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r