Soybean Futures Slide on Weak Demand and Brazilian Supply Pressure

2025-09-08 15:07 By Dongting Liu 1 min. read

Soybean futures fell toward $10 per bushel, the lowest level since mid-August, as demand softened amid persistent US–China trade tensions and mounting competition from Brazil.

Recent trade data from China, the world’s largest soybean importer, showed record August purchases, with buyers favoring South American supplies.

Brazil is set for record production and expanding exports this year.

Industry group Anec projects the country’s 2025/26 soybean planted area to increase by 1.5% to an all-time high, with September exports estimated at 6.75 million metric tons, up from 5.16 million tons a year earlier.

Ample Brazilian shipments have left Chinese crushers well-supplied heading into winter, limiting reliance on US deliveries.

As a result, China’s soybean stockpiles currently stand at about 6.8 million tons, near the highest level since March.



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