Actual
1,197.55
Daily Change
23.25 1.97%
Monthly
-2.32%
Yearly
17.32%
Q3 Forecast
1,186.24
Soybeans - Summary

Soybean futures rose above $11.8 per bushel, hitting nearly a three-week high, as firm Chinese demand continued to support prices. According to traders, China had already purchased about 7 million metric tons of US soybeans, while China’s Sinograin said it would auction 360,000 tons of imported soybeans, its fourth sale since late July, in an effort to free up storage space for incoming US supplies. Last week, the USDA raised its 2026 US soybean production estimate by by 44 million bushels to a record 4.519 billion bushels but lowered its yield forecast in the monthly report to 52.7 bushels per acre from 53, reflecting the impact of extreme heat and dryness in parts of the Midwest. Looking ahead, forecasts for cooler temperatures and ample rainfall in August and September could improve crop prospects after weeks of heat and dryness supported prices. Traders are also monitoring a major US field tour this week for further indications on soybean and corn yield prospects.

Soybeans - Stats

Soybeans rose to 1,199.06 USd/Bu on August 17, 2026, up 1.81% from the previous day. Over the past month, Soybeans's price has fallen 2.20%, but it is still 17.47% 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 August 17 of 2026.

Soybeans - Forecast

Soybeans rose to 1,199.06 USd/Bu on August 17, 2026, up 1.81% from the previous day. Over the past month, Soybeans's price has fallen 2.20%, but it is still 17.47% 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 1186.24 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 1245.59 in 12 months time.



Price Day Month Year Date
Soybeans 1,197.55 23.25 1.97% -2.32% 17.32% Aug/17
Wheat 674.75 0 0% 0.11% 34.21% Aug/17
Lumber 573.00 5.00 0.88% -11.30% -4.18% Aug/17
Cheese 1.67 -0.0200 -1.19% -1.30% -5.88% Aug/17
Palm Oil 4,717.00 7.00 0.15% 1.59% 3.44% Aug/17
Milk 16.50 -0.04 -0.24% 4.90% -5.28% Aug/17
Cocoa 6,072.15 299.15 5.18% 10.00% -24.54% Aug/17
Cotton 85.50 0.704 0.83% 8.34% 28.96% Aug/17
Rubber 219.80 -1.50 -0.68% 2.28% 28.31% Aug/17
Orange Juice 146.51 1.46 1.01% -0.60% -39.06% Aug/17
Coffee 317.47 3.17 1.01% -2.18% -7.61% Aug/17
Oat 332.25 8.5000 2.63% -2.85% -1.41% Aug/17
Wool 1,873.00 0 0% -1.47% 51.17% Aug/17
Rice 14.18 0.1950 1.39% 1.25% 12.63% Aug/17
Canola 826.47 7.57 0.92% 2.01% 26.82% Aug/17
Sugar 16.90 0.30 1.80% 14.03% 4.00% Aug/17
Corn 463.78 4.7750 1.04% 3.18% 21.09% Aug/17



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
1199.06 1177.75 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Near 3-Week Top
Soybean futures rose above $11.8 per bushel, hitting nearly a three-week high, as firm Chinese demand continued to support prices. According to traders, China had already purchased about 7 million metric tons of US soybeans, while China’s Sinograin said it would auction 360,000 tons of imported soybeans, its fourth sale since late July, in an effort to free up storage space for incoming US supplies. Last week, the USDA raised its 2026 US soybean production estimate by by 44 million bushels to a record 4.519 billion bushels but lowered its yield forecast in the monthly report to 52.7 bushels per acre from 53, reflecting the impact of extreme heat and dryness in parts of the Midwest. Looking ahead, forecasts for cooler temperatures and ample rainfall in August and September could improve crop prospects after weeks of heat and dryness supported prices. Traders are also monitoring a major US field tour this week for further indications on soybean and corn yield prospects.
2026-08-17
Soybeans Rise from Multi-Week Lows
Soybean futures rose around $11.7 per bushel, climbing off from multi-week lows as markets weighed expectations for a record US crop against a lower yield forecast. The USDA cut its 2026 soybean yield estimate to 52.7 bushels per acre from 53, reflecting the impact of extreme heat and dryness in parts of the Midwest. However, higher planted acreage lifted projected production by 44 million bushels to a record 4.519 billion bushels, up 6% from 2025 and above the previous record set in 2021. The larger crop also pushed projected 2026/27 ending stocks up to 320 million bushels from 310 million previously. Meanwhile, forecasts for cooler temperatures and ample rainfall in August and September could improve crop prospects after weeks of heat and dryness supported prices. Elsewhere, China provided a fresh demand boost, with the USDA confirming a sale of 244,000 metric tons of US soybeans for delivery in the 2026/27 marketing year.
2026-08-13
Soybean Futures Near 6-week Low
Soybean futures fell below $11.5 per bushel, approaching a six-week low as traders adjusted positions ahead of the USDA’s upcoming crop report. The report will include the first survey-based estimate of 2026 US soybean yields and updated harvested acreage, with expectations for a yield of around 52.9 bushels per acre and production of approximately 4.5 billion bushels. Meanwhile, the USDA trimmed its weekly soybean condition rating to 62% good-to-excellent from 63% a week earlier, while 26% of the crop was affected by drought. Recent rain and milder temperatures provided some relief after several weeks of excessive heat and dryness across much of the Midwest. While a private sale of 132,000 metric tons of US soybeans was confirmed for delivery to China in the 2026/27 marketing year, the purchase did little to offset the bearish supply outlook. Traders now continued to monitor developments in the Black Sea region, where the ongoing Russia-Ukraine war threatened grain export routes.
2026-08-10