Soybean prices fluctuated around $12 per bushel, remaining close to their lowest marks since early February as traders awaited the USDA's crucial acreage and quarterly grain stocks reports due on June 30. These highly anticipated publications will provide indicators for the upcoming US seasonal supply, with initial market estimates leaning toward a slightly reduced planting area. In addition to the government data, the market is closely tracking hot US weather conditions that have sparked immediate crop health concerns. Investors are also monitoring Chinese demand for signs of sustained momentum. This renewed interest is being scrutinized in the wake of the May summit between Presidents Donald Trump and Xi Jinping, as participants look for evidence of further bulk purchases to support pricing trends.
Soybeans fell to 1,118.99 USd/Bu on June 29, 2026, down 0.64% from the previous day. Over the past month, Soybeans's price has fallen 5.23%, but it is still 9.25% 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 29 of 2026.
Soybeans fell to 1,118.99 USd/Bu on June 29, 2026, down 0.64% from the previous day. Over the past month, Soybeans's price has fallen 5.23%, but it is still 9.25% 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 1126.76 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 1188.76 in 12 months time.