Soybean futures fell below $10.65 per bushel, retreating from their highest level since mid-December as the market balanced a firmer US dollar and ample South American supply against lingering weather risks. The greenback regained some ground after recent weakness, tempering commodity appetite and limiting upside despite still-tight nearby spreads. On the supply side, expectations of a record Brazilian harvest continue to cap gains, with Brazil set to dominate global exports through the first half of 2026 thanks to competitive prices and abundant availability. Demand signals remain mixed, as China is expected to prioritize Brazilian shipments despite having met a significant share of its recent US purchasing targets following the late-October trade truce. At the same time, hot and dry conditions across key Argentine growing regions remain under close watch, offering underlying support amid concerns over potential yield losses.

Soybeans rose to 1,061.93 USd/Bu on February 3, 2026, up 0.16% from the previous day. Over the past month, Soybeans's price has risen 1.40%, but it is still 1.22% lower 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 February 3 of 2026.

Soybeans rose to 1,061.93 USd/Bu on February 3, 2026, up 0.16% from the previous day. Over the past month, Soybeans's price has risen 1.40%, but it is still 1.22% lower 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 1073.39 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 1121.08 in 12 months time.



Price Day Month Year Date
Soybeans 1,061.93 1.68 0.16% 1.40% -1.22% Feb/03
Wheat 529.88 2.13 0.40% 3.39% -8.17% Feb/03
Lumber 596.50 2.50 0.42% 12.23% 0.03% Feb/02
Cheese 1.40 -0.0589 -4.03% -2.84% -26.45% Feb/03
Palm Oil 4,201.00 -28.00 -0.66% 4.71% -2.39% Feb/03
Milk 14.62 0 0% -2.73% -28.23% Feb/02
Cocoa 4,210.00 45.00 1.08% -30.72% -61.65% Feb/02
Cotton 62.82 0.024 0.04% -2.82% -6.16% Feb/03
Rubber 187.00 -4.30 -2.25% 2.92% -4.64% Feb/02
Orange Juice 188.30 -22.80 -10.80% -9.41% -58.59% Feb/02
Coffee 335.25 3.00 0.90% -6.71% -12.81% Feb/02
Oat 301.29 0.5405 0.18% -1.05% -16.13% Feb/03
Wool 1,665.00 0 0% 8.05% 39.68% Feb/03
Rice 11.12 0.0850 0.77% 12.05% -17.97% Feb/03
Canola 645.57 0.57 0.09% 5.69% -0.23% Feb/03
Sugar 14.26 -0.01 -0.07% -3.19% -25.82% Feb/02
Corn 427.10 1.3453 0.32% -3.92% -13.63% Feb/03



Related Last Previous Unit Reference
United States Corn Stocks 13.28 1.53 Billion Bushels Dec 2025
United States Soybean Stocks 3.29 0.32 Billion Bushels Dec 2025
United States Wheat Stocks 1.68 2.12 Billion Bushels Dec 2025

Soybeans
Soybeans Futures are available for Trading in The Chicago Board of Trade (CBOT® ). The United States, Brazil, Argentina and Paraguay are the biggest producers and exporters of soybeans in the world, concentrating more than 80% of total production and 90% of total exports. China is the biggest importer of soybeans (60% of total imports) followed by the European Union, Mexico, Japan and Taiwan. The Soybean market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
1061.93 1060.25 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Retreat from Mid-December Highs
Soybean futures fell below $10.65 per bushel, retreating from their highest level since mid-December as the market balanced a firmer US dollar and ample South American supply against lingering weather risks. The greenback regained some ground after recent weakness, tempering commodity appetite and limiting upside despite still-tight nearby spreads. On the supply side, expectations of a record Brazilian harvest continue to cap gains, with Brazil set to dominate global exports through the first half of 2026 thanks to competitive prices and abundant availability. Demand signals remain mixed, as China is expected to prioritize Brazilian shipments despite having met a significant share of its recent US purchasing targets following the late-October trade truce. At the same time, hot and dry conditions across key Argentine growing regions remain under close watch, offering underlying support amid concerns over potential yield losses.
2026-01-30
Soybean Prices Near Multi-Week High on Weak Dollar
Soybean futures hovered around $10.70 per bushel, near their highest level since mid-December, supported by a weaker US dollar even as expectations of a bumper Brazilian harvest limited further gains. The greenback slid to its lowest level in nearly four years amid renewed concerns over a potential US government shutdown, uncertainty around President Trump’s trade policy, and speculation over possible coordinated US-Japan currency intervention. On the demand side, China is expected to increase imports of Brazilian soybeans in the first half of 2026, as record output and competitive prices drive shipments and reinforce South America’s dominance in the world’s largest oilseed market. This comes after a recent wave of US soybean purchases, with reports indicating China met its target of buying 12 million tonnes of US soybeans following a late-October trade truce. Meanwhile, investors continue to monitor potentially stressful hot and dry weather conditions in key crop areas of Argentina.
2026-01-27
Soybeans Hits 5-week High
Soybeans increased to 1071.00 USd/Bu, the highest since December 2025. Over the past 4 weeks, Soybeans gained 1.79%, and in the last 12 months, it increased 0.45%.
2026-01-22