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Soybean Prices Slip as South America Competes for Demand

Soybean Prices Slip as South America Competes for Demand

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This is your Daily Soybeans Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Soybeans Price Tracker. I am Vanessa Clark, and today we are talking about the latest soybean prices, what is moving the market, and what it might mean for you whether you are a farmer, a trader, or just tracking food and feed costs.

Let us start with the current trading action. According to Barchart, front month Chicago Board of Trade soybean futures are trading just under eleven dollars per bushel as of late afternoon trading, with the nearby contract hovering in the ten dollar eighty to ten dollar ninety range. That puts soybeans below the key eleven dollar level that many analysts have been watching as support.

Several news outlets, including AgWeb and regional farm radio like WCMY and Brownfield Ag News, are highlighting the same theme. Soybean prices have been trickling lower through December as futures stay under pressure and the average projected farm price for the new marketing year sits around ten dollars fifty per bushel. Analysts note that a close below eleven dollars has reinforced a bearish tone in the soybean market.

So why are soybean prices lower right now. One big factor is demand. UkrAgroConsult reports that United States soybean export inspections for the twenty twenty five to twenty twenty six marketing year are running almost fifty percent behind last season. That means significantly fewer soybeans are leaving United States ports compared to a year ago, even though shipments to key buyers like Mexico and China continue.

At the same time, there is heavy competition from South America. Market commentary from ADM Investor Services notes that Chinese soybean imports in November were more than eight million metric tons from all origins, with Brazil and Argentina offering very competitive prices. Brazilian exporters are expected to ship over three million tons of soybeans this month, well above last year, which puts additional pressure on United States prices.

On the supply side, the United States Department of Agriculture December reports keep United States soybean ending stocks at about two hundred ninety million bushels, with no major cuts to production or exports. That suggests comfortable supplies. When you combine steady to ample supplies with sluggish export demand, it is not surprising to see soybean futures grinding lower.

So what can you do with this information. If you are a producer, this is a reminder to stay disciplined with your marketing plan. Consider using price targets for incremental sales rather than waiting for a big rally, and talk with your merchandiser or advisor about tools like forward contracts or hedging to protect your break even levels while leaving some room if the market rebounds.

If you are a buyer, such as a feed user or a small processor, this softer soybean market can be an opportunity. You might look at locking in a portion of your soybean or soybean meal needs while futures remain under eleven dollars, especially if your margins are tight and you want cost certainty heading into the new year.

For listeners who follow markets more casually, the key takeaway is that today’s soybean price reflects a mix of strong global production, fierce export competition, and slower than usual demand for United States beans. Any surprise weather issues in South America, a pickup in Chinese buying, or a shift in United States export pace could quickly change this picture, so it is worth checking prices regularly.

That is it for today’s Daily Soybeans Price Tracker with me, Vanessa Clark. Thanks for spending a few minutes with me to catch up on the latest soybean market news and today’s soybean trading price. Be sure to subscribe, share this with a friend who follows commodity markets, and tune in next time for your next daily soybeans price update.

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