Soybean futures rose above $11.2 per bushel, attempting to rebound from four-month lows as a stronger US dollar was offset by firmer crude oil prices and renewed Chinese demand. The USDA confirmed last week the sale of 132,000 tons of US soybeans to China for delivery in the 2026/27 marketing year, marking the first publicly reported Chinese purchase since the May summit. Additional support came from higher crude oil prices after shipping activity through the Strait of Hormuz slowed, while early talks between US and Iran, held under a new interim agreement, got off to a shaky start. Agricultural goods tend to track crude oil movements given their linkage to biofuel demand in grains and oilseeds. Meanwhile, the US dollar remained firm after the Federal Reserve policy meeting last week reinforced expectations of rate hikes this year, making US commodities more expensive for foreign buyers. Elsewhere, excess soil moisture in southern Argentina has slowed the 2025/26 soybean harvest.

Soybeans fell to 1,120.58 USd/Bu on June 22, 2026, down 0.19% from the previous day. Over the past month, Soybeans's price has fallen 5.52%, but it is still 5.84% 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 June 22 of 2026.

Soybeans fell to 1,120.58 USd/Bu on June 22, 2026, down 0.19% from the previous day. Over the past month, Soybeans's price has fallen 5.52%, but it is still 5.84% 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 1124.45 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 1185.06 in 12 months time.



Price Day Month Year Date
Soybeans 1,119.59 -3.16 -0.28% -5.60% 5.75% Jun/22
Wheat 599.47 -6.28 -1.04% -5.67% 8.45% Jun/22
Lumber 635.06 2.06 0.33% 8.19% 4.00% Jun/22
Cheese 1.56 -0.0252 -1.59% -3.41% -18.52% Jun/22
Palm Oil 4,672.00 26.00 0.56% 4.45% 13.26% Jun/22
Milk 16.01 -0.06 -0.37% -5.43% -14.25% Jun/22
Cocoa 4,596.14 341.79 8.03% 10.25% -46.27% Jun/22
Cotton 79.39 -0.417 -0.52% 2.61% 23.88% Jun/22
Rubber 226.30 -1.10 -0.48% 2.03% 40.47% Jun/22
Orange Juice 153.90 -4.95 -3.12% -13.10% -34.23% Jun/22
Coffee 266.23 0.41 0.15% -2.84% -18.80% Jun/22
Oat 302.30 -10.9492 -3.50% -17.91% -17.57% Jun/22
Wool 1,989.00 0 0% 5.80% 64.79% Jun/22
Rice 12.40 0.1965 1.61% -4.60% -7.52% Jun/22
Canola 744.38 11.28 1.54% 1.11% 3.35% Jun/22
Sugar 13.84 -0.30 -2.16% -4.84% -13.47% Jun/22
Corn 412.34 -5.1621 -1.24% -9.87% -1.65% Jun/22



Related Last Previous Unit Reference
United States Corn Stocks 9.02 13.28 Billion Bushels Mar 2026
United States Soybean Stocks 2.10 3.29 Billion Bushels Mar 2026
United States Wheat Stocks 1.30 1.68 Billion Bushels Mar 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
1120.58 1122.75 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Attempt Rebound
Soybean futures rose above $11.2 per bushel, attempting to rebound from four-month lows as a stronger US dollar was offset by firmer crude oil prices and renewed Chinese demand. The USDA confirmed last week the sale of 132,000 tons of US soybeans to China for delivery in the 2026/27 marketing year, marking the first publicly reported Chinese purchase since the May summit. Additional support came from higher crude oil prices after shipping activity through the Strait of Hormuz slowed, while early talks between US and Iran, held under a new interim agreement, got off to a shaky start. Agricultural goods tend to track crude oil movements given their linkage to biofuel demand in grains and oilseeds. Meanwhile, the US dollar remained firm after the Federal Reserve policy meeting last week reinforced expectations of rate hikes this year, making US commodities more expensive for foreign buyers. Elsewhere, excess soil moisture in southern Argentina has slowed the 2025/26 soybean harvest.
2026-06-22
Soybeans Fall from 2-Week High
Soybean futures fell to around $11.2 per bushel, easing from a two-week high as a stronger US dollar and weaker oil prices outweighed expectations of Chinese demand. While the USDA reported 132,000 metric tonnes of US soybeans sold to China, overall buying pace remains slow and concerns remain that China may fall short of projected import volumes. Focus now turns on upcoming USDA crop condition reports next week for signs of stress in the US Midwest soybean belt. Recent heavy rainfalls have disrupted fieldwork, preventing timely fertilizer and crop treatments, raising concerns over potential yield impacts if wet conditions persist. Meanwhile, the US dollar strengthened after the latest Fed policy meeting reinforced bets of rate hikes this year, making US commodities more expensive for foreign buyers. Crude oil also dropped to its lowest level since the start of the Iran war after an interim deal raised expectations of improved supply flows and the reopening of the Strait of Hormuz.
2026-06-19
Soybeans Hit Two-Week High
Soybean futures climbed above $11.3 per bushel, hitting a two-week high on signs of renewed Chinese import demand, although favorable US crop weather limited further upside. Reports indicate Chinese buyers are looking to secure US cargoes for fourth-quarter shipment, though traders say no firm deals have been confirmed yet. Markets have been closely monitoring Chinese purchasing activity following the May announcement that China would buy $17 billion of US agricultural products annually, alongside an existing commitment of 25 million metric tons of soybeans. Meanwhile, widespread rain and warm temperatures across the US Midwest have generally benefited crop development over the past week, reinforcing expectations of adequate global supply. The USDA also rated 66% of US soybeans in good-to-excellent condition, up one percentage point from a week earlier. A sharp decline in crude oil prices after an outline US-Iran peace deal added further pressure on grain and oilseed markets.
2026-06-17