Soybean Prices Ease from 1-Month Peak

2026-04-14 07:13 By Joshua Ferrer 1 min. read

Soybean futures held around $11.6 per bushel, easing from a four-week high as hopes for progress toward ending the US–Iran conflict pressured oil prices and weighed on biofuel demand.

The US and Iran signaled openness to renewed talks aimed at extending a fragile ceasefire, helping ease concerns over prolonged supply disruptions in the Strait of Hormuz.

The decline in crude reduced support for vegetable oils, which are closely linked to energy markets through biodiesel demand.

Meanwhile, the USDA’s April report highlighted a balanced outlook, with stronger domestic demand offset by weaker exports.

Soybean crush was raised to a record 2.61 billion bushels, marking a fifth straight annual high, but this was fully offset by a cut in exports to 1.54 billion due to stronger South American competition.

As a result, ending stocks were left unchanged at 350 million bushels, in line with expectations.

Globally, stocks edged lower, while production estimates for Brazil and Argentina were steady.



News Stream
Soybean Prices Ease from 1-Month Peak
Soybean futures held around $11.6 per bushel, easing from a four-week high as hopes for progress toward ending the US–Iran conflict pressured oil prices and weighed on biofuel demand. The US and Iran signaled openness to renewed talks aimed at extending a fragile ceasefire, helping ease concerns over prolonged supply disruptions in the Strait of Hormuz. The decline in crude reduced support for vegetable oils, which are closely linked to energy markets through biodiesel demand. Meanwhile, the USDA’s April report highlighted a balanced outlook, with stronger domestic demand offset by weaker exports. Soybean crush was raised to a record 2.61 billion bushels, marking a fifth straight annual high, but this was fully offset by a cut in exports to 1.54 billion due to stronger South American competition. As a result, ending stocks were left unchanged at 350 million bushels, in line with expectations. Globally, stocks edged lower, while production estimates for Brazil and Argentina were steady.
2026-04-14
Soybean Futures Hit 1-Month Peak
Soybean futures rose to around $11.8 per bushel, reaching a four-week high, supported by firm biofuel-linked demand and fresh cues from the USDA’s latest monthly report. The agency raised its soybean crush forecast by 35 million bushels to a record 2.61 billion, marking a fifth straight annual high, but this was fully offset by a similar cut in exports to 1.54 billion due to stronger South American competition. As a result, ending stocks were left unchanged at 350 million bushels, broadly in line with expectations. Globally, stocks edged lower to 124.79 million metric tons, while production estimates for Brazil and Argentina were held steady. Meanwhile, crude oil prices surged after President Trump ordered a blockade of the Strait of Hormuz, intensifying supply concerns and boosting biodiesel demand. Hopes of stronger demand from China, the world’s largest soybean importer, also supported prices, as Trump and Xi Jinping are expected to meet in just over a month to discuss trade.
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Soybeans increased to 1180.00 USd/Bu, the highest since March 2026. Over the past 4 weeks, Soybeans gained 2.03%, and in the last 12 months, it increased 13.15%.
2026-04-13