According to Jin10 Futures, CBOT soybean meal futures closed down 0.4% on Wednesday (June 25), following declines in soybean and soybean oil markets. Favorable weather conditions in U.S. soybean-growing regions and improved crop prospects continued to weigh on soybean and processed product markets. A sharp plunge in crude oil futures also pressured demand.
The U.S. Department of Agriculture will release its weekly export sales report on Thursday. Analysts expect soybean meal net sales for the week ending June 18, 2026, to fall between 200,000 and 550,000 tonnes.