Dalian Commodity Exchange offers soybean 1No. and No.2 in RMB/ton. The unit of soybean quotation in American market is cents/bushel, and bushels are capacity units.

Soybean basis in other parts of the midwest of the United States remained stable. The soybean basis of Ohio granary increased by 6 cents, while that of Indiana granary decreased by 3 cents. Private exporters announced on Monday that they would sell two batches of bulk soybeans to the US Department of Agriculture. The first is the delivery of 5 million bushels to China in the 2022/23 marketing year starting from September 1. The second batch is 4.4 million bushels, which are sent to unknown destinations in the current sales year.