Soybean futures fell toward $10 per bushel on Friday, pressured by a mixed outlook for the 2025/26 season following the USDA’s latest WASDE report. US production was trimmed slightly to 4.3 billion bushels due to reduced harvested acreage, while yields remained unchanged at 52.5 bushels per acre. Domestic crush was revised upward by 50 million bushels to 2.54 billion, reflecting stronger demand for soybean oil used in biofuel, driven by the EPA’s proposed Renewable Fuel Standard revisions and additional policy incentives. In contrast, exports were lowered by 70 million bushels to 1.75 billion, as robust domestic demand and increased global competition, particularly from Argentina, Ukraine, and Brazil, weighed on the outlook. On the global front, both production and crush are expected to rise, but exports are forecast to decline, contributing to higher global ending stocks, now projected at 126.1 million tons.
Soybeans rose to 1,015.50 USd/Bu on July 11, 2025, up 0.30% from the previous day. Over the past month, Soybeans's price has fallen 2.57%, and is down 7.94% compared to the same time last year, 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 13 of 2025.
Soybeans rose to 1,015.50 USd/Bu on July 11, 2025, up 0.30% from the previous day. Over the past month, Soybeans's price has fallen 2.57%, and is down 7.94% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans is expected to trade at 999.96 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 954.77 in 12 months time.