Soybean futures fluctuated at around $11.2 per bushel, close to their lowest level since early February after the USDA projected larger stockpiles and a sharp increase in US plantings. In its quarterly report, the USDA estimated June 1 soybean stocks at 1.061 billion bushels, exceeding market expectations, while forecasting annual planted acreage at 85.365 million acres, in line with estimates, reinforcing expectations of ample supplies. Additional pressure came from a stronger dollar amid mounting expectations on US interest rate hikes this year, making US commodities more expensive for foreign buyers. Meanwhile, markets continued to monitor hot weather across the US Midwest, which is expected to stress soybean crops in the near term before cooler conditions later this week. Investors also remained focused on Chinese demand, watching for signs of additional purchases following the May summit between Presidents Donald Trump and Xi Jinping.

Soybeans rose to 1,132.86 USd/Bu on July 2, 2026, up 0.59% from the previous day. Over the past month, Soybeans's price has fallen 1.83%, but it is still 7.38% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Soybeans reached an all time high of 1794.75 in September of 2012. Soybeans - data, forecasts, historical chart - was last updated on July 2 of 2026.

Soybeans rose to 1,132.86 USd/Bu on July 2, 2026, up 0.59% from the previous day. Over the past month, Soybeans's price has fallen 1.83%, but it is still 7.38% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans is expected to trade at 1157.11 USd/BU by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1188.76 in 12 months time.



Price Day Month Year Date
Soybeans 1,133.16 6.91 0.61% -1.81% 7.41% Jul/02
Wheat 595.70 3.70 0.63% 1.44% 5.95% Jul/02
Lumber 615.49 -4.01 -0.65% 4.59% 0.08% Jul/02
Cheese 1.56 0.0011 0.07% -3.58% -11.31% Jul/02
Palm Oil 4,508.00 -49.00 -1.08% -3.61% 10.14% Jul/02
Milk 15.57 0.09 0.58% -3.35% -10.36% Jul/02
Cocoa 5,099.48 7.48 0.15% 25.23% -37.05% Jul/02
Cotton 77.43 -0.410 -0.53% -3.83% 15.46% Jul/02
Rubber 209.40 -6.40 -2.97% -10.70% 26.68% Jul/02
Orange Juice 171.60 6.35 3.84% 7.25% -13.38% Jul/01
Coffee 309.66 -0.24 -0.08% 22.35% 7.22% Jul/02
Oat 271.99 0.4895 0.18% -16.70% -32.18% Jul/02
Wool 1,943.00 0 0% 0.47% 60.98% Jul/02
Rice 12.87 0.0450 0.35% 2.67% 1.99% Jul/02
Canola 736.19 2.77 0.38% -7.75% 6.84% Jul/02
Sugar 14.95 -0.04 -0.27% 4.98% -8.71% Jul/02
Corn 422.91 1.9126 0.45% -1.99% -2.05% Jul/02



Related Last Previous Unit Reference
United States Corn Stocks 5.29 9.02 Billion Bushels Jun 2026
United States Soybean Stocks 1.06 2.10 Billion Bushels Jun 2026
United States Wheat Stocks 0.92 1.30 Billion Bushels Jun 2026

Soybeans
Soybeans are one of the most important agricultural commodities globally, widely used for food products, animal feed, and biofuels. As a result, soybean prices are closely followed due to their impact on food supply chains, livestock production, and global trade flows. Soybean futures are traded on the Chicago Board of Trade (CBOT) and serve as a global benchmark for pricing. The market is dominated by major producers and exporters, including the United States, Brazil, Argentina, and Paraguay, which together account for the majority of global production and exports. On the demand side, China is by far the largest importer, followed by the European Union, Mexico, Japan, and Taiwan. Soybean prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
1132.86 1126.25 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Remain Near 4-Month Lows
Soybean futures fluctuated at around $11.2 per bushel, close to their lowest level since early February after the USDA projected larger stockpiles and a sharp increase in US plantings. In its quarterly report, the USDA estimated June 1 soybean stocks at 1.061 billion bushels, exceeding market expectations, while forecasting annual planted acreage at 85.365 million acres, in line with estimates, reinforcing expectations of ample supplies. Additional pressure came from a stronger dollar amid mounting expectations on US interest rate hikes this year, making US commodities more expensive for foreign buyers. Meanwhile, markets continued to monitor hot weather across the US Midwest, which is expected to stress soybean crops in the near term before cooler conditions later this week. Investors also remained focused on Chinese demand, watching for signs of additional purchases following the May summit between Presidents Donald Trump and Xi Jinping.
2026-07-01
Soybeans Fall to Nearly 5-Month Low
Soybean prices fell to around $11 per bushel, their lowest since early February, as traders awaited the USDA's crucial acreage and quarterly grain stocks reports due on June 30. These highly anticipated publications will provide indicators for the upcoming US seasonal supply, with initial market estimates leaning toward a slightly reduced planting area. In addition to the government data, the market is closely tracking hot US weather conditions that have sparked immediate crop health concerns. Investors are also monitoring Chinese demand for signs of sustained momentum. This renewed interest is being scrutinized in the wake of the May summit between Presidents Donald Trump and Xi Jinping, as participants look for evidence of further bulk purchases to support pricing trends.
2026-06-29
Soybeans Stay Near Multi-Month Lows
Soybean futures traded around $11.2 per bushel, hovering near four-month lows, pressured by lower crude oil prices and a stronger US dollar, while hot US weather raised crop concerns. The National Weather Service forecast temperatures nearing 100 degrees Fahrenheit this weekend, extending as far north as the upper Midwest and as far east as the Carolinas. These elevated temperatures are expected to stretch from the Plains to the Atlantic Coast through July 4. Meanwhile, hopes in ongoing US-Iran peace talks and improved shipping activity through the Strait of Hormuz has raised expectations of stronger global oil supply, pushing crude oil prices lower. Soybeans often track crude oil due to its use as a biofuel feedstock. Additional pressure came from a stronger dollar amid mounting bets on US rate hikes this year, making commodities more expensive for foreign buyers. Traders now look for signs of renewed Chinese demand, following 132,000 tons of US soybeans sold last week.
2026-06-26