Soybean futures rose toward $12.6 per bushel, rebounding from a two-month low reached on October 21, as strong export demand led by China helped end an eight-session losing streak. The USDA reported 2.84 million metric tons of net US soybean export sales for the 2026/27 marketing year in the week ended October 15, sharply above 574,900 tons a week earlier. China accounted for 2.18 million tons, while export shipments climbed 75% week over week to 2.02 million tons, up 88% from the four-week average. A separate USDA announcement also confirmed a sale of 202,000 tons to China. Still, futures remained on track for a second consecutive weekly loss as the advancing US harvest and expectations for a large crop continued to weigh on prices. The USDA projects US soybean production at 4.56 billion bushels for the 2026/27 marketing year. However, analysts suggested harvest-related pressure was easing as fieldwork neared completion.
Soybeans rose to 1,256.56 USd/Bu on October 23, 2026, up 0.28% from the previous day. Over the past month, Soybeans's price has fallen 4.63%, but it is still 20.62% 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 23 of 2026.
Soybeans rose to 1,256.56 USd/Bu on October 23, 2026, up 0.28% from the previous day. Over the past month, Soybeans's price has fallen 4.63%, but it is still 20.62% 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 1276.49 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 1336.04 in 12 months time.