Soybean Futures Rise after WASDE Report

2025-09-12 16:31 By Mojdeh Kazemi 1 min. read

Soybean futures traded around $10.45 per bushel, following a bearish September WASDE report.

The report outlined a 2025/26 outlook with higher US production, higher crush, lower exports, and larger ending stocks compared to August.

Production was estimated at 4.3 billion bushels, with gains in harvested area offsetting a slight yield reduction to 53.5 bushels per acre.

Crush was raised by 15 million bushels on stronger soybean meal exports, while exports were trimmed by 20 million bushels due to greater competition from Russia, Canada, and Argentina.

Ending stocks rose to 300 million bushels, up 10 million from last month, signaling more comfortable supplies.

The season-average farm price was lowered by 10 cents to $10.00 per bushel, reinforcing a slightly bearish tone for futures despite global adjustments that reduced overall soybean ending stocks.



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