Soybean futures rose past 11.7 dollars per bushel after USDA data confirmed a sharp reduction in inventories and shifts in planting intentions amid the ongoing conflict in the Middle East. The USDA Grain Stocks report revealed that US soybean inventories plunged to 2.10 billion bushels in the first quarter of 2026 reflecting a substantial drawdown from 3.29 billion recorded previously as global supply chains faced the effective closure of the Strait of Hormuz. This bullish momentum was partially offset by the Prospective Plantings report which showed US farmers intend to increase soybean acreage to 84.70 million acres for the 2026 season. While higher fertilizer and fuel costs from the five week war in the Persian Gulf make the oilseed relatively more attractive than corn, the market remains focused on the upcoming trade talks between President Trump and China.

Soybeans fell to 1,165.73 USd/Bu on April 1, 2026, down 0.45% from the previous day. Over the past month, Soybeans's price has risen 1.37%, and is up 13.23% 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 April 1 of 2026.

Soybeans fell to 1,165.73 USd/Bu on April 1, 2026, down 0.45% from the previous day. Over the past month, Soybeans's price has risen 1.37%, and is up 13.23% 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 1191.25 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 1224.05 in 12 months time.



Price Day Month Year Date
Soybeans 1,165.73 -5.27 -0.45% 1.37% 13.23% Apr/01
Wheat 594.53 -21.72 -3.52% 3.49% 10.25% Apr/01
Lumber 605.06 -3.44 -0.57% 9.02% -7.71% Apr/01
Cheese 1.72 0.0211 1.25% 2.39% -0.23% Apr/01
Palm Oil 4,901.00 73.00 1.51% 16.86% 10.88% Mar/31
Milk 17.48 1.37 8.50% 17.16% 2.04% Apr/01
Cocoa 3,366.91 66.91 2.03% 11.45% -62.18% Apr/01
Cotton 70.60 0.597 0.85% 9.30% 4.34% Apr/01
Rubber 203.40 2.80 1.40% -0.68% 5.33% Apr/01
Orange Juice 199.71 9.71 5.11% 15.87% -19.99% Apr/01
Coffee 299.73 1.38 0.46% 5.32% -22.55% Apr/01
Oat 343.55 -10.6974 -3.02% 10.56% -6.13% Apr/01
Wool 1,724.00 0 0% 0.47% 38.47% Apr/01
Rice 11.28 -0.0995 -0.87% 6.17% -14.74% Apr/01
Canola 719.22 -12.58 -1.72% 2.98% 14.93% Apr/01
Sugar 15.26 -0.26 -1.69% 9.69% -22.04% Apr/01
Corn 453.50 -4.2500 -0.93% 4.67% -0.93% Apr/01



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 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
1165.73 1171.00 1794.75 401.50 1977 - 2026 USd/BU Daily

News Stream
Soybeans Rebounds After USDA Annual Report
Soybean futures rose past 11.7 dollars per bushel after USDA data confirmed a sharp reduction in inventories and shifts in planting intentions amid the ongoing conflict in the Middle East. The USDA Grain Stocks report revealed that US soybean inventories plunged to 2.10 billion bushels in the first quarter of 2026 reflecting a substantial drawdown from 3.29 billion recorded previously as global supply chains faced the effective closure of the Strait of Hormuz. This bullish momentum was partially offset by the Prospective Plantings report which showed US farmers intend to increase soybean acreage to 84.70 million acres for the 2026 season. While higher fertilizer and fuel costs from the five week war in the Persian Gulf make the oilseed relatively more attractive than corn, the market remains focused on the upcoming trade talks between President Trump and China.
2026-03-31
Soybeans Hits 4-week Low
Soybeans decreased to 1150.00 USd/Bu, the lowest since March 2026. Over the past 4 weeks, Soybeans gained 0.91%, and in the last 12 months, it increased 12.2%.
2026-03-31
Soybeans Remain Below 2-Year High
Soybean futures hovered around $11.6 per bushel, staying below a near two-year high reached on March 12, as investors remained cautious amid ongoing geopolitical and trade developments. Attention is on US President Trump's long-awaited visit to China, the world’s largest buyer of the oilseed. Recently postponed due to the escalating Middle East conflict, the visit has been rescheduled for May 14–15, where talks with Xi Jinping are expected to cover trade, tariffs, and agriculture, shaping demand expectations. Meanwhile, US farmers are expected to increase soybean plantings while cutting corn acreage as higher fertilizer and fuel costs make soybeans relatively more attractive. This comes as rising energy prices amid the Iran war continue to lift input costs across the farm sector, adding uncertainty to production outlooks. Stronger biofuel requirements are also supporting soybean oil consumption, helping offset cautious export demand and keeping prices range-bound.
2026-03-30