Soybeans Hold at 1-Month High

2026-08-26 03:15 By Joshua Ferrer 1 min. read

Soybean futures held above $12.2 per bushel, staying near a four-week high as weaker US crop conditions and fresh export demand supported prices.

The USDA’s national soybean rating dipped over the past week, with the share of the crop rated good-to-excellent falling 1 percentage point to 60% for the week ended August 23.

Although 91% of the crop had reached the pod-setting stage, traders remain focused on whether further deterioration could reduce production potential and tighten the balance sheet ahead of harvest.

Meanwhile, private exporters reported a sale of 132,000 tonnes of new-crop US soybeans to an unknown destination, with traders speculating that China could be the buyer.

The potential purchase comes as US-China trade tensions remain in focus, with the prospect of new US tariffs on Chinese goods adding uncertainty around future soybean demand.

Markets are also watching a potential late-September meeting between Trump and Xi that could shape agricultural trade.



News Stream
Soybeans Hold at 1-Month High
Soybean futures held above $12.2 per bushel, staying near a four-week high as weaker US crop conditions and fresh export demand supported prices. The USDA’s national soybean rating dipped over the past week, with the share of the crop rated good-to-excellent falling 1 percentage point to 60% for the week ended August 23. Although 91% of the crop had reached the pod-setting stage, traders remain focused on whether further deterioration could reduce production potential and tighten the balance sheet ahead of harvest. Meanwhile, private exporters reported a sale of 132,000 tonnes of new-crop US soybeans to an unknown destination, with traders speculating that China could be the buyer. The potential purchase comes as US-China trade tensions remain in focus, with the prospect of new US tariffs on Chinese goods adding uncertainty around future soybean demand. Markets are also watching a potential late-September meeting between Trump and Xi that could shape agricultural trade.
2026-08-26
Soybeans Hits 4-week High
Soybeans increased to 1228.00 USd/Bu, the highest since July 2026. Over the past 4 weeks, Soybeans gained 1.53%, and in the last 12 months, it increased 19.27%.
2026-08-25
Soybeans Trade Near Multi-Week High
Soybeans traded above $12.20 per bushel, hovering near multi-week highs as strong demand offset a limited increase in US crop prospects. The Pro Farmer Crop Tour put the US soybean yield at just 0.6 bushels per acre above the USDA’s August estimate, implying only 53 million bushels more production, suggesting the findings may have a limited impact on the supply outlook. Instead, traders are turning their attention to weather as much of the crop still needs to mature, with flooding and disease risks in parts of the eastern Midwest adding uncertainty over final yields and harvested acreage. Demand remains a key source of support, with China and unknown destinations purchasing nearly 53 million bushels of new-crop US soybeans in recent flash sales. Traders are also watching whether strong export demand continues into the new marketing year, when Chinese imports typically increase.
2026-08-24