Actual
1,261.25
Daily Change
-1.75 -0.14%
Monthly
-4.43%
Yearly
23.71%
Q4 Forecast
1,309.32
Soybeans - Summary

Soybean futures fell to around $12.6 per bushel, hitting their lowest level in seven weeks as expectations of record US harvest outweighed renewed Chinese buying. Mostly dry weather across the Midwest over the past week allowed farmers to accelerate harvesting after earlier rain delays, with 46% of the US crop harvested as of October 11, above the average estimate for 44% complete. Although midweek rains slowed fieldwork this week, drier conditions are forecast in the coming days. Meanwhile, the US domestic soybean crush last month fell short of forecasts, according to a monthly National Oilseed Processors Association report, which showed the September crush at a thirteen-month low of 196.3 million bushels. Elsewhere, Chinese government buyers booked 8 to 10 cargoes of US soybeans for shipment from December onward, and the USDA confirmed private sales of 330,000 tons for delivery to China and another 283,450 tons to unknown destinations, all for delivery in the 2026/27 marketing year.

Soybeans - Stats

Soybeans fell to 1,260.50 USd/Bu on October 16, 2026, down 0.20% from the previous day. Over the past month, Soybeans's price has fallen 4.49%, but it is still 23.64% 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 October 17 of 2026.

Soybeans - Forecast

Soybeans fell to 1,260.50 USd/Bu on October 16, 2026, down 0.20% from the previous day. Over the past month, Soybeans's price has fallen 4.49%, but it is still 23.64% 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 1309.32 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 1368.88 in 12 months time.



Price Day Month Year Date
Soybeans 1,261.25 -1.75 -0.14% -4.43% 23.71% Oct/16
Wheat 660.50 -9.50 -1.42% -9.15% 31.12% Oct/16
Lumber 532.50 -4.00 -0.75% -3.18% -16.01% Oct/16
Cheese 1.63 0.0020 0.12% 6.91% -6.82% Oct/16
Palm Oil 4,676.00 80.00 1.74% -2.91% 3.59% Oct/16
Milk 15.27 0.07 0.46% -5.45% -10.07% Oct/16
Cocoa 5,645.00 -186.00 -3.19% -2.20% -4.24% Oct/16
Cotton 80.00 -0.060 -0.07% -2.64% 24.46% Oct/16
Rubber 254.70 -3.90 -1.51% 7.56% 48.69% Oct/16
Orange Juice 141.40 1.75 1.25% 1.00% -22.86% Oct/16
Coffee 305.60 10.80 3.66% 10.52% -23.11% Oct/16
Oat 397.75 1.7500 0.44% -4.79% 34.83% Oct/16
Wool 1,803.00 0 0% -2.91% 23.83% Oct/16
Rice 17.32 0.0650 0.38% 9.69% 63.09% Oct/16
Canola 798.80 -2.90 -0.36% -4.21% 29.63% Oct/16
Sugar 20.85 -0.28 -1.33% 13.81% 34.52% Oct/16
Corn 474.25 -3.7500 -0.78% -10.60% 12.25% Oct/16



Related Last Previous Unit Reference
United States Corn Stocks 2.10 5.29 Billion Bushels Sep 2026
United States Soybean Stocks 0.32 1.06 Billion Bushels Sep 2026
United States Wheat Stocks 1.85 0.92 Billion Bushels Sep 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
1260.50 1263.00 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Hits 6-week Low
Soybeans decreased to 1269.00 USd/Bu, the lowest since August 2026. Over the past 4 weeks, Soybeans lost 3.79%, and in the last 12 months, it increased 25.69%.
2026-10-15
Soybeans Fall to 7-Week Low
Soybean futures fell to around $12.6 per bushel, hitting their lowest level in seven weeks as expectations of record US harvest outweighed renewed Chinese buying. Mostly dry weather across the Midwest over the past week allowed farmers to accelerate harvesting after earlier rain delays, with 46% of the US crop harvested as of October 11, above the average estimate for 44% complete. Although midweek rains slowed fieldwork this week, drier conditions are forecast in the coming days. Meanwhile, the US domestic soybean crush last month fell short of forecasts, according to a monthly National Oilseed Processors Association report, which showed the September crush at a thirteen-month low of 196.3 million bushels. Elsewhere, Chinese government buyers booked 8 to 10 cargoes of US soybeans for shipment from December onward, and the USDA confirmed private sales of 330,000 tons for delivery to China and another 283,450 tons to unknown destinations, all for delivery in the 2026/27 marketing year.
2026-10-15
Soybean Futures Near August Lows
Soybean prices fell to $12.8, hovering near their lowest level since late August, as ample US supplies and uncertainty over Chinese demand weighed on prices. In its latest report released Friday, the US Department of Agriculture forecast soybean production to rise 7% year-on-year to 4.562 billion bushels in the 2026–27 marketing year, exceeding market expectations of 4.534 billion bushels. Meanwhile, investors remain cautious as top importer China has yet to make significant purchases following a weeklong national holiday. Beijing has reportedly made progress towards its pledge to purchase at least 25 million tonnes of US soybeans annually through 2028, under a trade truce agreed with Washington last year. However, large purchases have yet to materialize since China’s national holiday ended last Wednesday, according to traders familiar with the matter. With supply remaining abundant, Chinese demand is likely to be a key factor in determining the near-term direction of soybean prices.
2026-10-13